New to 340 so I have questions

Some of that information is wrong or the format got screwed up. I don't think the factory came out with a half inch cam and some of the valve size values are screwed up.
Agreed. Not a formatting problem, though. Just incorrect information. The person who wrote that probably heard of someone that had a 292/.508” cam in a 340 and took it as the gospel that the factory put it in.