The AI boom has created a market where good results are no longer good enough. Investors have rewarded companies tied to artificial intelligence with premium valuations, but they have also become far less forgiving. A strong quarter can still lead to a falling stock price if management fails to convince Wall Street that growth is accelerating. We’ve already seen it happen to semiconductor leaders this year. Now it’s Micron Technology‘s (NASDAQ:MU | MU Price Prediction) turn in the spotlight.

And with the stock up nearly 300% year-to-date and roughly 830% over the last 12 months, expectations have never been higher.

AI Memory Demand: The Hottest Corner of Semiconductors

Micron’s rally hasn’t come out of nowhere. The company…