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Valve's Steam Deck Is Back in Stock After Months, but You Won't Like It

  • On Wednesday, Valve raised prices for all Steam Deck OLED models, with the 1TB version jumping to $950 from $650 and the 512GB model increasing to $790 from $550 across Canada, Europe, and Australia.
  • Rising memory and storage costs fueled by AI companies building data centers prompted Valve's price increase alongside broader logistical challenges affecting the technology industry.
  • The 512GB OLED model surged $240 to $789 while the 1TB version climbed $300 to nearly $1,000, representing almost 50 percent increases; certified refurbished units retained previous pricing at $650 for 512GB.
  • Previously sold-out Steam Deck OLED models returned to stock with three to five business day delivery, yet Valve hardware engineer Yazan Aldehayyat acknowledged the company struggles to maintain affordability in gaming hardware.
  • Sony, Microsoft, and Nintendo have similarly raised console prices over the past year, with Nintendo's Switch 2 at $500 and Lenovo's Legion Go 2 jumping to $2,000, suggesting Valve's upcoming Steam Machine and Steam Frame face uncertain pricing amid elevated component costs.
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In recent years, handheld gaming devices have undergone a significant transformation, with pricing becoming a major challenge for gamers. In this article, we examine the impact of the Steam Deck's price increase on its value and the future prospects of the Steam Machine. Summary: Valve has raised the price of its base Steam Deck OLED model from $550 to $789. These price changes make it difficult to justify the overall value of the Steam Deck. St…

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Bloomberg broke the news in New York, United States on Wednesday, May 27, 2026.
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