# AI Data Center Bidding War

> Seagate and Toshiba compete for TDK's magnetic-heads business in AI storage boom.
- Title: AI Data Center Bidding War · The Japan Times | Shortify
- Summary: Seagate and Toshiba compete for TDK's magnetic-heads business in AI storage boom. Seagate and Toshiba are bidding for TDK's magnetic-heads business to…
- Keywords: seagate, tdk, toshiba, ai data center, magnetic heads, hard drive market, news, politics, world, Data, Center, Bidding
- Source: The Japan Times — https://japantimes.co.jp/business/2026/10/08/companies/tdk-bidding-war-ai-data-center
- Author: Takashi Mochizuki
- Published: 2026-10-08T04:47:00+00:00
- Read time: 1 min
- Topics: seagate, tdk, toshiba, ai data center, magnetic heads, hard drive market, news, politics, world
## Bidding War for TDK Business
Seagate Technology Holdings and delisted Toshiba are vying for TDK’s magnetic-heads business in a deal that could be worth several billion dollars.
## AI Data Center Storage Demand
Fast-moving ai data-center operators now demand hard-drive suppliers pack ever more storage into limited spaces.
## Market Expansion Opportunity
The winning bidder would expand in-house capabilities in the $23 billion hard-drive market transformed by ai data-center demand.
## Key takeaway

Seagate and Toshiba are bidding for TDK's magnetic-heads business to control AI data-center storage market growth.