Memory chip stocks: Why Micron and Sandisk are soaring today as shortage fuels global RAM demand

This morning, shares of two of the largest computer memory companies that trade on U.S. markets are up yet again.

The stock prices of Micron Technology, Inc. (Nasdaq: MU) and Sandisk Corporation (Nasdaq: SNDK) rose after a Japanese memory firm issued a surprising outlook. Here’s what you need to know.

Stock prices jump as demand continues

Shares in several memory chip makers traded on U.S. markets are currently up in premarket trading this morning.

The companies include Micron and Sandisk...