Steam Deck Prices See Significant Increase from Valve

Valve has quietly increased the price of the Steam Deck by $200, driven by rising costs of PC components and memory chips due to shortages linked to AI hyperscalers. The price for a Steam Deck OLED with 1TB storage has now approached $1,000.

On May 27, as noted by a gaming deals expert, Valve adjusted the prices for both versions of the Steam Deck OLED significantly. Here are the updated prices for the Steam Deck in the United States:

This shift transforms the once budget-friendly Steam Deck into a considerably more expensive choice for PC gaming. It’s worth noting that the Steam Deck is a few years old and struggles with the latest high-end titles. Now, the Steam Deck is pricier than ever, with the 1TB OLED model costing more than a PS5 Pro in the U.S. Let that sink in.

“Steam Deck itself hasn’t changed,” Valve stated. “These new prices reflect the current state of component costs and other global logistical challenges across the industry as a whole. We’ll keep you updated if anything changes.”

On a brighter note, the Steam Deck is currently back in stock, but its availability is uncertain. Additionally, Valve is offering older, refurbished Steam Deck LCD models for under $400. If you’re looking to grab a Steam Deck, this could be your best chance, but act fast as they are likely to sell out quickly due to the price hikes on the OLED models.

These new prices are tough and make gaming less accessible for many. It also raises concerns about the potential cost of the Steam Machine, Valve’s upcoming console-like PC device, set to launch later this year. Given that the Steam Machine is expected to be more powerful than the Steam Deck, it could easily exceed $1,000 in the U.S. Remember when gaming hardware used to get cheaper over time? Those were the days.

Meanwhile, up in Canada,