Samsung SDI Shares Rise 3% on AI Data Center Demand

Samsung SDI’s recent growth is attributed to the expected increase in demand for energy storage systems due to the expansion of AI data centers.

The company’s stock price has risen 13.6% this month, with the Korean stock exchange reporting a 3.74% increase to 58,300 won.

Analysts at DS Investment Securities have raised their target price for Samsung SDI to 940,000 won, citing positive prospects for the company’s North American and European business.