---
title: "Broadcom Tomahawk 6 chip enters mass production; Nio withstands pressure to close higher | Today's important news recap"
description: "0604 | Dolphin Research Key Focus: 🐬 Macro/Industry 1. US President Trump will sign an order on Tuesday to officially increase tariffs on steel and aluminum from 25% to 50%. This move aims to protect"
type: "topic"
locale: "en"
url: "https://longbridge.com/en/topics/30313460.md"
published_at: "2025-06-04T08:17:04.000Z"
author: "[Dolphin Research](https://longbridge.com/en/news/dolphin.md)"
---

# Broadcom Tomahawk 6 chip enters mass production; Nio withstands pressure to close higher | Today's important news recap

## 0604 | **Dolphin Research Key Focus:**

### **🐬 Macro/Industry**

**1、**US President Trump will sign an executive order on Tuesday to formally increase steel and aluminum tariffs from 25% to 50%. This move aims to protect domestic industries but may raise consumer prices and trigger retaliation from trade partners. The tariff policy will take effect at 00:01 AM Eastern Time on June 4, 2025.

### **🐬 Stocks**

**1、**$Broadcom(AVGO.US)

Broadcom officially announced the mass production of its flagship Tomahawk 6 networking chip, which offers a single-chip switching capacity of 102.4Tbps, doubling the bandwidth of existing Ethernet switches. It supports ultra-large-scale GPU cluster interconnectivity, with a single chip capable of driving up to 100,000 GPUs to work in tandem. The chip will compete with Nvidia's Spectrum-X, potentially impacting Nvidia's dominance in the AI infrastructure market. The product is expected to boost Broadcom's Q3 2025 data center revenue. Broadcom's stock recently hit an all-time high.

**2、Key Earnings Reports and Conference Calls**

Nio:《[Nio: Empty Promises Won’t Help, Survival Comes First](https://longportapp.cn/zh-CN/topics/30286625)》、《[Nio (1Q25 Minutes): Cutting Costs and Scaling Back—Can Nio Save Itself?](https://longportapp.cn/zh-CN/topics/30292429)》

### **🐬 Top Gainers by Sector**

**Shanghai/Shenzhen:** Food Distributors, Consumer Retailers, Apparel & Accessories, and Luxury Goods;

**Hong Kong:** Tobacco, Agricultural Products, Diversified Financial Services;

**US:** Kitchenware, Independent Power and Renewable Energy, Motorcycle Manufacturers.

### **🐬 Tomorrow’s Focus**

**1、**China Caixin Services PMI;

**2、**US Trade Balance.

Risk Disclosure and Disclaimer: [Dolphin Research Disclaimer and General Disclosures](https://support.longbridge.global/topics/misc/dolphin-disclaimer)

### Related Stocks

- [AVGO.US - Broadcom](https://longbridge.com/en/quote/AVGO.US.md)

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.