"I could see $1,000": Steam Machine is "a PC with console benefits" and console hardware struggles, analyst says, and "whatever the next Xbox thing is, it's going to be just like it in a lot of ways"

Steam Machine with beige backdrop and sad face on front made from closed bracket and colon.

With memory and storage sinks chasing GPU droughts, the global hardware market has gotten so bad that Valve can't even commit to a plan on the Steam Machine's release date or price. When it does eventually arrive, games director Mat Piscatella of analyst firm Circana expects the Steam Machine to offer a preview of full-fat consoles to come, particularly the next-generation Xbox.

Speaking with GamesRadar+, Piscatella describes the Steam Machine and its place in the market as "a PC that can be hooked up to a TV relatively easily. So, a PC with console benefits, I guess I would say.