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  "documentTitle": "Lasertec Corporation (6920)",
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  "presentationDate": "2024-06-05 00:00:00",
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      "text": "TSMC is angry and began delaying purchases a year ago; new light source failed in the qualification period; EUV source “is just not stable” and “just dies”",
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      "text": "TSMC is angry and began delaying purchases a year ago; new light source failed in the qualification period; EUV source “is just not stable” and “just dies”",
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      "text": "“it’s not stable…it’s just not stable…it doesn’t work all the time…it just dies.” — Former KLA executive in a leadership role in their EUV mask inspection group",
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      "text": "Source: Scorpion Capital consultation calls with experts",
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      "text": "The KLA executive stated that TSMC began pushing back Lasertec EUV orders over a year ago, after the new light source failed inspection in early 2023 after six months of evaluation: “it’s not stable...it’s just not stable...it doesn’t work all the time...it just dies.” He replied affirmatively when we asked if TSMC is angry with Lasertec.",
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