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  "documentTitle": "Lasertec Corporation (6920)",
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  "presentationDate": "2024-06-05 00:00:00",
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  "notes": "The slide uses Q&A excerpts to validate claims about purchase volume, pricing, and technical light source defects.",
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      "text": "Marvell noted the same light source defects and technical problems as other large players.",
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      "text": "They stated that they purchased one ACTIS A150 EUV inspection machine and lease two others, with no interest in purchasing any more. Marvell noted the same light source defects and technical problems as other large players. In particular, a Marvell senior employee stated that he spoke with ASML, and that ASML “echoed the same problems that we were seeing...ASML customers were also reporting the same things with Lasertec with respect to the light source.”",
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      "text": "Marvell stated they paid $62MM for an ACTIS A150. Q: ...Where in the range did you guys fall for that purchase in 2021? A: “$62 million.”",
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      "text": "Marvell indicates corroboration from ASML regarding extensive problems with Lasertec’s tool. A: “We have had some conversations with ASML. They echoed the same problems that we were seeing...\"",
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      "text": "Marvell stated they purchased one ACTIS A150. \"We are a current customer of their A150 series... We only have one of these that we own, and then we're leasing two...\"",
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      "text": "“We are a current customer of their A150 series. We use that for our 5-nanometer wafers. We purchased their tool in 2021, I believe. So, we’ve been using it for a couple of years now, and I’m, as well, familiar with their new A300 series.. We only have one of these that we own, and then we’re leasing two ...In some cases, we buy the machines ourselves, and in other cases, we’re leasing capacity.” — Senior employee at Marvell Technology; “They echoed the same problems that we were seeing. ASML customers were also reporting the same things with Lasertec with respect to the light source.” — Senior employee at Marvell Technology",
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      "text": "Source: Scorpion Capital consultation calls with experts",
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      "text": "Marvell, one of the largest semiconductor companies in the world, expressed the same dismay with Lasertec’s EUV tool as TSMC, Intel, Samsung, and Global Foundries.",
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