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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 a highly critical, bearish tone, framing Lasertec's growth as ephemeral and its technology as non-production-worthy.",
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      "text": "Lasertec's small, one-time EUV market opportunity is already exhausted, with little to no growth left in its flagship ACTIS line.",
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      "text": "8. Lasertec's small, one-time EUV market opportunity is already exhausted, with little to no growth left in its flagship ACTIS line. Aside from product defects, irate customers, and the lack of a viable EUV source, an analysis of its growth drivers in the last 5 years indicates they were ephemeral...",
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      "text": "“...in the past two years it was the population of the N5 node...that was most of it...now it's N3 and N2...they're delaying those PO's.” — KLA; “the Lasertec tool is not 95% reliable...the mask shop...that's where more of the money is...inspecting in process in the wafer fab - the importance is lower than the mask shop...that's why spending money on an EUV actinic inspection in a wafer fab seems unlikely to me...it would be lower priority overall.” — EUV industry expert",
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