Tech
Seagate Falls 9% and Western Digital 7% as the Fight Over Hard-Drive Supply Widens to TDK's Head Business
Toshiba has said it aims to nearly double drive output by fiscal 2027. Bloomberg reported Tuesday that Seagate has outbid Toshiba for TDK's magnetic-recording-head unit.
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By Tomás Videla
Oct 6, 2026 · 2 min read
The hard-disk drive trade took another leg down on Tuesday. Seagate Technology closed at $805.63, down 9.18%, and Western Digital closed at $411.04, down 6.93%. Both edged slightly higher after hours, Seagate to $807.40 and Western Digital to $412.71.
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Tomás Videla
Tomás writes about growth-stage companies, compensation and the private markets that fund them.
Tomás writes about growth-stage companies, compensation and the private markets that fund them.