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AI Data Center Boom Ignites Bidding War for Critical TDK Unit

Bloomberg Technology Thursday 08 October 2026, 01:23 UTC By Takashi Mochizuki 1 min read
Key Points

AI Data Center Boom Ignites Bidding War for Critical TDK Unit A bidding war for TDK Corp.’s hard-disk drive parts business could determine the prospects of Japanese corporate icon Toshiba Corp. as well as who controls an increasingly lucrative AI data center storage market. Seagate Technology Holdings Plc and delisted Toshiba are vying for TDK’s magnetic-heads business in a deal that could be worth several billion dollars. The winning bidder would be able to expand in-house capabilities in...

AI Data Center Boom Ignites Bidding War for Critical TDK Unit A bidding war for TDK Corp.’s hard-disk drive parts business could determine the prospects of Japanese corporate icon Toshiba Corp. as well as who controls an increasingly lucrative AI data center storage market. Seagate Technology Holdings Plc and delisted Toshiba are vying for TDK’s magnetic-heads business in a deal that could be worth several billion dollars. The winning bidder would be able to expand in-house capabilities in the $23 billion hard-drive market that’s been transformed by voracious AI data-center demand.
AI Data Center Boom Ignites Bidding War for Critical TDK Unit (ORG) AI Data Center Boom (ORG) TDK Corp.’s (ORG) Japanese (ORG) Toshiba Corp. (ORG) AI (ORG) Seagate Technology Holdings Plc (ORG) Toshiba (ORG) TDK (ORG)
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