Valve has increased the prices of its Steam Deck OLED models in response to rising component costs. The changes took effect on May 27.
The Steam Deck OLED 1TB model now costs $950 in the United States, up from $650. The 512GB version has risen to $790 from $550. Valve attributed the increases to higher prices for PC parts and memory chips amid industry-wide shortages linked to AI demand.
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Valve announced the prices for its Steam Machine on June 22, with the base 512GB model costing $1049.
Valve has announced price increases for its Steam Deck OLED models worldwide, attributing the changes to rising memory and storage costs.
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Valve's Steam Deck handheld has seen sales fall sharply since price increases took effect in May. Reports indicate an 82 percent decline in weekly shipments.
Gaming hardware prices are expected to keep climbing in the coming years due to rising component costs and other factors. Industry experts point to increased demand for RAM from AI data centers as a primary driver. They also cite tariffs, inflation, and geopolitical issues as contributing elements.
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Valve's new Steam Controller, successor to the 2015 model and inspired by Steam Deck prototypes, launches May 4 for $99 in the US ($149 CAD, €99 EU, £85 UK, A$149 AU, 419 PLN PL). Featuring dual touchpads, TMR thumbsticks, and a wireless Puck dongle, it offers precise PC gaming while escaping hardware delays affecting Steam Machine and Frame.
Microsoft announced higher prices for its Xbox Series X and S consoles starting August 1. The move marks the third increase since May 2025 and stems from rising storage and memory costs.
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Roku has increased prices on its streaming sticks and boxes by as much as 60 percent. The company attributed the changes to rising costs for memory chips and other components driven by demand from AI development.