A narrow, thick tip is stronger than a wide, thin tip and are physically lighter. 1/2" thick is plenty of thickness and near the end of the build you can reduce the wider tip to 3/8" or less at the string nock.
When making recurves or any bow for that matter I leave the tips wide(3/4" or more) until first brace. Then I can see how the string tracks. I trace the outline of the string on the braced bow and narrow the tips accordingly.