. >> by the way, we're going to get that exclusive with the micron sanjay mehrotra after the break.e're going to get to a bunch of other names, meta, big day for tesla, and more on the hurricane and what putin is saying today back in a minute >>> micron tough times remain ahead they preannounced before, due to elevated inventory level and then a lot of other things, frankly, including weak consumer demand joining us now on the cnbc exclusive is micron president and ceo, sanjay mehrotra sanjay, thank you for coming on the show is this the worst it's ever been >> well, jim, thank you for being on your show you know, certainly, these are unprecedented times driven by unprecedented confluence of exogenous events related to china lockdowns, the russia-ukraine war, all of this impacting consumer as well as the supply chains, and then certainly high inflation impacting consumer spending and the macroeconomic uncertaint impacting the buying patterns of customers as well. and in addition, there have been, due to the strong surge in demand during the pandemic, large amounts of inventory that

emily: sanjay mehrotra joining us on the first chips plant in decades in the u.s..thank you emily chang with the ceo of micron. kriti: carlos alvarez winning the title at 19 years old. the tournament has long been a major contributor to tourism, nearly doubling. what is the secret? corporate boxes. i asked how they plan to broaden the revenue stream. it is the home of the qualifying tournament open to all fans of all ages and that runs through the entire first week. it is free and open to all fans where they can see every top marquee player practicing, open and assessable to all. we had 100,000 people register for the access pass to be able to get in and to down in the first row courtside seats to watch rock found the doll and serena williams practicing there and they were enthralled -- rafael nadal and serena williams practicing there and they were enthralled. this is an important part of this event for many years to come. with respect to the u.s. open suites, they have sold very well. there is more demand than we can satisfy. we aim to satisfy everyone who wants t

emily: micron ceo sanjay mehrotra. coming up, could the future of sports be nft's?ll talk about that with sorare's coo, next. this is bloomberg. ♪ >> security is a big part of that. cybersecurity investment is going way up. in the grand scheme when you look at the pieces of the blockchain, it gives athletes the opportunity to go directly to the fan base. it gives the fans insights that are different and cutting out the middleman. emily: that was nba champion and investor andre iguodala talking about sports and nft's. let's dive deeper into the conversation with sorare, backed by tennis great serena williams. they are in partnerships with major league soccer and major league baseball and is adding the nba with the first free to play fantasy game based sorare sorare on digital cards. sorare coo ryan spoon joins us. talk about the partnership with the nba coming together. ryan: thanks for having me. it came together, it is a natural evolution. you heard andre talk about the importance of, the opportunity blockchain enables. i spent years at espn on the digital side. ho