Stephen Sopko says the market "is priced for perfection" on memory chip stocks due to surging demand, including Micron (MU), which reports earnings after Wednesday's close. He explains how the demand curve plays into how the company and its peers expand historically conservative earnings outlooks. Stephen makes a Qualcomm (QCOM) bull case as the company kicks off its investor day. He also likes Arm (ARM) as businesses turn to CPUs as a GPU alternative.