Group 1 - Broadcom announced the launch of its new data center switch chip, Tomahawk 6, which boasts an Ethernet switching capacity of 102.4 terabits per second, double that of any current Ethernet switch on the market [1] - The Tomahawk 6 chip is designed specifically for data centers running AI processor clusters and is manufactured using TSMC's 3nm process, an upgrade from the previous 5nm process used for Tomahawk 5 [1] - The chip's increased bandwidth is expected to reduce the number of network devices required, thereby lowering power consumption and enhancing reliability [1] Group 2 - Wall Street analysts have raised their target prices for Broadcom ahead of its upcoming Q2 earnings report, with Citigroup's analyst increasing the target price from $210 to $276 [3] - Analysts expect Broadcom to report better-than-expected earnings, driven primarily by strong performance in its AI business, which is projected to account for about 30% of the company's revenue this year [4] - Despite NVIDIA's dominance in the AI chip market, Broadcom and Marvell Technology are gaining attention by providing custom silicon solutions to major tech clients [4]