Micron CEO on the CHIPS Act and the Company's Warning. Also: "Meme Stock Madness" Returns. 8/9/22
b'Jim Cramer and David Faber took an in-depth look at weakness in the chip sector after a revenue warning from Micron due to slumping\\ndemand. Micron CEO Sanjay Mehrotra joined the program from the White House ahead of President Biden\'s signing of the CHIPS\\nand Science Act into law. The anchors also explored the massive rebound in "meme stocks" such as AMC, GameStop and \\nBed Bath and Beyond -- with BBBY doubling month-to-date. Also in focus: AppLovin\'s unsolicited takeover bid for Unity Software, \\nNovavax plunges after slashing its sales forecast, and more pain for gaming as Take-Two Interactive issues weaker-than-expected revenue guidance.'