Valve hikes Steam Deck prices by more than 40%, blaming rising costs

Valve has increased Steam Deck OLED prices by over 40%, with the 512GB model rising to $789 and the 1TB model to $949, citing rising memory and storage costs alongside global logistical challenges. The price hike has disappointed gamers and raised questions about the future pricing of Valve's anticipated Steam Machine, as the industry broadly faces component cost pressures and inflation. This move follows similar price increases from Sony's PlayStation 5 and Nintendo's Switch 2, though Xbox bucked the trend by lowering Game Pass subscription costs.