Sources: Seagate and Toshiba are bidding for TDK's HDD magnetic head business in a multibillion-dollar deal, as they compete for AI data center storage demand (Bloomberg)
TDK’s hard-drive head unit has drawn rival bids from Seagate and Toshiba.
Bloomberg says the business could sell for several billion dollars as hard-disk makers chase demand tied to AI data centers. The report frames the contest as a push for control over a key component in HDD production. Techmeme’s item links Bloomberg’s reporting and related market reaction. Techmeme's note
Bloomberg says the business could sell for several billion dollars as hard-disk makers chase demand tied to AI data centers. The report frames the contest as a push for control over a key component in HDD production. Techmeme’s item links Bloomberg’s reporting and related market reaction. Techmeme's note
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