Valve bumps Steam Deck prices by 50 percent—and I fear what this means for the Steam Machine

Price hikes in video game hardware are nothing new—just check out what Sony and Nintendo have been up to—but I’m genuinely surprised by how much Valve increased its Steam Deck prices, and now I think the Steam Machine will never see the light of day.

As per CharlieIntel, Steam Decks now cost almost 50 percent more than before. After the LCD edition was discontinued entirely, Valve’s OLED Steam Decks went up from $549 to $789 for the 512GB model and from $649 to $949 for the 1TB one. That’s $240 and $300 more than before for hardware that’s already started showing its age and lack of raw power to support mainstream titles.

Valve is increasing the price of the Steam Deck

512GB OLED Model: $549 –> $789
1TB OLED Model: $649 –> $949 pic.twitter.com/3zLhtyEnId

— CharlieIntel (@charlieINTEL) May 27, 2026