Why is Visual Studio Code running slowly even on a powerful PC?

I’ve noticed that Visual Studio Code has started running very slowly, even though my computer has more than enough RAM and processing power. Opening large projects or switching between files causes noticeable lag, and sometimes the editor freezes for a few seconds.

I’ve already tried disabling a few extensions and restarting the app, but the issue still persists. Could this be related to specific extensions, background processes, or settings in VS Code? I’d really appreciate any advice or best practices to optimize performance and make VS Code run smoothly again — especially for large web development projects.