Samsung SDI is trading 10.7% up today at KRW 397,000 after reporting a surprise return to profitability and ending a seven-quarter losing streak.
- The turnaround is being driven by booming demand for batteries for AI data centers, which has successfully offset ongoing weakness in the company's electric-vehicle battery business.
- The earnings-driven rebound has sparked renewed investor optimism about future growth prospects following a volatile stretch marked by double-digit swings in the share price.