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  "documentTitle": "Lasertec Corporation (6920)",
  "authorId": "58_Scorpion_Capital",
  "authorName": "Scorpion Capital",
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  "presentationDate": "2024-06-05 00:00:00",
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      "text": "Intel is not a cutting-edge company in this day and age by any means...so if Intel is giving out awards...it’s not even worth its weight in salt.",
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      "text": "Marvell mocked Intel's award as one they received as well – “sitting inside a cubicle nobody uses”; “not even worth its weight in salt”",
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      "text": "Q: “It’s kind of funny Intel is giving Lasertec this annual supplier award. I know they give that award to a few dozen people.”\nA: “Marvell has also received that award.”\nQ: “Do they just give that award to everybody?”\nA: “Yeah, I mean, we’ve gotten it [laughs]. That award is really sitting inside a cubicle that nobody uses.”\nQ: “Yeah, I see a press release about it. Marvell Semiconductor receives Intel’s preferred quality supplier award.”\nA: “It’s not something that we write home about. Yeah, we’ll do a press release for the publicity, but nobody talks about it. By the way, just for what it’s worth, Intel is not a cutting-edge company in this day and age by any means at all. So, if Intel is giving out awards, nobody really—it’s not even worth its weight in salt.” – Senior employee at Marvell Technology",
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      "text": "At the outset of our research, we were stumped as to why Intel includes Lasertec in its annual list of supplier awards – until we understood Intel’s role as Lasertec’s sponsor and anchor investor, and the natural incentive of its EUV mask inspection team to avoid embarrassment, particularly given Intel’s interest in promoting its EUV progress to investors and players like Apple. When we asked a senior Marvell employee about the award, he mocked it and laughed – “Marvell has also received that award…[it] is really sitting inside a cubicle that nobody uses…it’s not something that we write home about…yeah we’ll do a press release…but nobody talks about it”; “Intel is not a cutting-edge company in this day and age by any means…so if Intel is giving out awards…it’s not even worth its weight in salt.”",
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      "text": "“Marvell has also received that award...[it] is really sitting inside a cubicle that nobody uses...it’s not something that we write home about...yeah we’ll do a press release...but nobody talks about it”; “Intel is not a cutting-edge company in this day and age by any means...so if Intel is giving out awards...it’s not even worth its weight in salt.” — Senior employee at Marvell Technology",
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      "text": "Source: Scorpion Capital consultation calls with experts",
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