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  "documentTitle": "Lasertec Corporation (6920)",
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  "authorName": "Scorpion Capital",
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  "presentationDate": "2024-06-05 00:00:00",
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      "text": "Legacy DUV sales will not save Lasertec from its EUV failure, as TSMC indicated that at most they may purchase 15 Lasertec DUV tools in coming years versus 10 of MATRICS X8 that they have currently.",
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      "text": "TSMC plans to buy only 15 more Lasertec DUV tools for 3nm vs. 10 currently; KLA has 2/3 market share in DUV at TSMC...",
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      "text": "TSMC has only ~10 Lasertec legacy X8 DUV inspection tools; the newer X9 is only a demo version under evaluation...",
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      "text": "“At TSMC, the demand is around 500 masks per day for production, for the 5-nanometer. TSMC highly relies on KLA. I will say KLA's share, KLA's tool is around 20 in 5-nanometer. And Lasertec is around 10.” — Longtime ex-TSMC procurement executive who introduced Lasertec inspection tools into TSMC",
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      "text": "Source: Scorpion Capital consultation calls with experts",
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      "text": "Legacy DUV sales will not save Lasertec from its EUV failure, as TSMC indicated that at most they may purchase 15 Lasertec DUV tools in coming years versus 10 of MATRICS X8 that they have currently. They indicated that the new X9 is still in evaluation, with an ex-Lasertec field engineer at TSMC telling us that the X9 has light source problems – thus jeopardizing even the 15 potential tool purchases.",
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