Valve’s Steam Machine finally has a price: a whopping $1,049 for the 512GB configuration or $1,349 for the 2TB version. And those are without bundled controllers, which drive up the cost more.
The prices are so high in part because Valve isn’t subsidizing the hardware, and the company has already indicated that the component crisis forced it to reconsider its initial pricing plans. In an interview with the YouTube channel Gamers Nexus, Valve engineers discussed the reality of sourcing RAM in 2026, with take-it-or-leave-it prices as memory and other components remain in short supply, from only a few vendors like Samsung, Micron, and SK Hynix.
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Valve, of course, isn’t the only company in a bind over memory shortages, as the crunch is forcing many hardware makers to make significant pricing changes. Even Apple CEO Tim Cook is warning of incoming price hikes for iPhones, Macs, and other devices. And the RAM crunch isn’t projected to get better anytime soon.
I’m not sure why you are getting down votes.
The reasons fur the demand sick, but you are correct, demand is fast outstripping supply… Price rises are inevitable.
Not my downvote, but I get it. The AI cartel bought out the RAM manufacturers. The “AI circle” of companies is definately fucking over the market and not just in ways that lead to them getting their job done. They didn’t just stop making ram. They slowed it wayyy down, causing prices to skyrocket. They will likely make tons of money from the AI memory towers on orders for datacenters that might not even be allowed to exist, but they’re certainly making multiple times more money on their old lines producing the same product they always have.
Yeah, the cartel comment implies price fixing or a monopoly or something, which really isn’t the case. This is really clearly a case of demand going through the roof (for entirely stupid and irresponsible reasons) and supply not being able to meet it.
But that’s what I get for using critical thinking amongst a mob, this is on me.
Demand going the roof would be normal.
One company (openAI) to prepurchase all of the next years ram before even produced and you double the prices only from that is a cartel move.
And maybe is the worst to this date, with prices 4x or 5x, but in the past the cartel had other ways to raise prices 2x (2016 was last time for who remember).
Hey, I wouldn’t disagree with that for the most part. But I would still say this is mostly an example of supply and demand.
When supply is so limited that you probably won’t be able to acquire all of a resource that you need, it’s perfectly rational to attempt to secure as much as you can from the next batch, even if that means prepaying to ensure your access.
Now if that buyer is offering higher prices to secure the resource, it’s also perfectly rational for the manufacturer to sell it to them.
We’re going to continue to have this problem as long as that relationship remains the same. No legislation or trade deal or tariff or is going to make a meaningful difference. The only way to solve this situation is to increase supply or decrease demand. Well, I suppose you could outlaw LLM training in every country on earth, but good luck with that.
It can be both. The three RAM manufactures (Samsung, Micron, and SK Hynix) have a historical record of price fixing and collusion (I believe Gamers Nexus has some excellent reporting on this). It isn’t just supply and demand, it’s that three sketchy companies have the world over a barrel and may well be using the demand spike to keep prices (artificially) high with the knowledge that nobody else can enter the market and that it takes YEARS and a truly ridiculous amount of money to scale up production to increase supply.