Valve raises Steam Deck prices by more than $200

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Valve raises Steam Deck prices by more than $200

The 1TB OLED model got a $300 price increase, and now costs $949.

The 1TB OLED model got a $300 price increase, and now costs $949.

by Jay PetersMay 27, 2026, 5:32 PM UTC

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Photo by Vjeran Pavic / The VergePart OfRAM price hikes: the latest on the global memory shortagesee all updates Jay Peters is a senior reporter covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme.

Valve has significantly increased the price of the Steam Deck — but now, it’s also in stock. The 512GB Steam Deck OLED now costs $789, up from $549, while the 1TB model costs $949, up from $649. As I write this, both models are available to buy on Steam with an estimated delivery date of three to five business days.

The company says the price increase is because of “rising memory and storage costs.” Nothing about the Steam Deck has changed, but “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.”

Some refurbished Steam Deck models are also currently available, including the 512GB OLED model at $629 and the 1TB OLED model at $759.

In February, updated the Steam Deck’s store listing to say that the handheld gaming PC would be out of stock “intermittently in some regions due to memory and storage shortages.” Memory and storage shortages have also created hurdles for Valve’s planned launches of the Steam Machine and Steam Frame; the company originally wanted to launch those in early 2026, but due to the shortages, it now it expects to ship them at some point this year.

Valve did launch the Steam Controller, which it announced alongside the Machine and the Frame late last year, on May 4th.

Related

• The future of game consoles is looking bleak
• Lenovo Legion Go 2 suddenly costs $650 more as RAMageddon lays waste to gaming hardware

RAMageddon hasn’t just hit Valve. In April, Lenovo increased the price of the Legion Go 2 by hundreds of dollars, and Sony and Nintendo have announced price jumps for the PlayStation and Switch 2.

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