The price surges come as the global memory supply struggles to keep pace with demand. Micron Technology, Inc. (NASDAQ:MU) and SanDisk Corporation (NASDAQ:SNDK) have emerged as two of the biggest beneficiaries of the memory shortage. Micron and SanDisk Are Locking in Long-Term Supply AgreementsThe memory market is notorious for its boom-and-bust cycles. What Could Shape the Memory Industry’s Next PhaseThe memory industry’s outlook is supported by surging investment in AI infrastructure. The pullback has some investors weighing whether to buy the dip in these memory stocks.