AI data center storage boom sparks bidding war for TDK's HDD parts unit
AI summary
Bloomberg reports a bidding war for TDK Corp.'s hard-disk drive parts business. The outcome could shape the prospects of Japanese industrial icon Toshiba as well as who controls the increasingly lucrative AI data center storage market. No bidders or financial terms were disclosed in the report.
In-depth insight
HDD components sit on a critical link of the AI data center storage supply chain, so control of this unit could influence future high-capacity storage supply.