Valve Restocks Steam Deck With Significant Price Hikes
The 512GB and 1TB OLED versions now cost $789 and $949 respectively, while the entry-level LCD model has been discontinued.
Valve has resumed sales of the Steam Deck handheld console following months of unavailability due to component shortages. The 512GB OLED model is now priced at $789, an increase of $240 from its previous $549. The 1TB OLED model is now priced at $949, an increase of $300 from its previous $649. The base LCD model with 256GB storage has been discontinued. Refurbished units remain available at lower price points ($629 for 512GB, $759 for 1TB).
The restocking occurred after the device had been largely unavailable since mid-February 2026. Delivery estimates for new units are three to five days. The 1TB model includes an anti-glare screen coating, a slightly nicer case, and an “exclusive startup movie and keyboard theme.” Valve attributes the price increases to global component costs and logistical challenges, stating the hardware itself has not changed.
Consumer tech prices have been driven up by RAM and storage shortages since the fall of 2025. Competing handhelds from Asus and Lenovo are also priced at or exceeding the $1,000 mark. The Asus ROG Xbox Ally is priced at $600, making it significantly cheaper than the new Steam Deck prices. Lenovo increased prices for the Legion Go 2 in April, and Sony and Nintendo have announced price jumps for the PlayStation and Switch 2.
The specific launch date for the Steam Machine desktop remains vague, with Valve stating it will launch “this year.” It is unclear if the current price hikes for the Steam Deck will directly correlate to the final pricing of the Steam Machine, although analysts suggest it bodes poorly for a sub-$1,000 launch. The Steam Machine was announced late last year and has not yet shipped, though it recently appeared in Vulkan graphics API databases.
The only new hardware from Valve’s late-year announcements to ship is the $99 Steam Controller. Valve launched the controller on May 4, 2026. The pricing shift coincides with similar increases from competitors such as Lenovo, Sony, and Nintendo, while the previously announced Steam Machine desktop remains unshipped.
