Steam Machine’s Internal Price Target Already Topped $949 Steam Deck OLED Two Months Ago, Leaker Warns Of Brutal Launch

May 28, 2026 at 05:09am EDT
A minimalist black cube-shaped Steam Machine with two visible USB ports, an SD card slot, and a power button on the front.
RUMOR ASSESSMENT

90%

Highly Likely

The Steam Deck OLED returned in stock yesterday, but with a catch: the price has been significantly increased in all regions. This doesn't bode well at all for the upcoming Steam Machine, as, according to a tidbit shared by known leaker Brad Lynch, its price will be much higher than expected.

"Take this with a grain of salt, because it was just whispers in my ear. But back when I was told a figure for what Valve’s estimated price they’d have to set the starting price of Steam Machine, it was still higher than today’s Steam Deck prices," the leaker said on X. Considering the Steam Deck OLED 1TB model is now priced at $949, it's now 100% clear how the Steam Machine is not going to be a cheap gaming system.

Related Story Steam Machine May Be Only A Few Weeks Away From Release, As Welcome Tour Gets Added To The Steam Backend

Despite this information, some are still clinging to the hope that the Steam Deck price increase may be Valve's attempt to keep the cost of the Steam Machine down.

"Is it a possibility that the steam deck price increase is to eat costs to allow the machine to be priced lower? Or wishful thinking," asked user Trevor Stone. "I have no idea. I doubt it, but I also haven’t been told any “inside info” except the tidbits in OP," replied Brad, keeping expectations in check.

While the new Steam Machine was a great idea on paper, it couldn't have been announced at a worse time. Revealed back in November alongside the new Steam Controller and Steam Frame VR headset right during the initial phases of the RAMaggeddon, the system was supposed to launch in early 2026, but the worsening prices of RAM and storage forced Valve to delay a system that is going to struggle considerably on the market with its now almost certain very high price and the performance it will deliver with its somewhat dated hardware. Price that could get even higher if the queue system that will be in place to prevent scalpers from getting all launch units won't work as intended.

Earlier this year, former Xbox executive Mike Ybarra believed the Steam Machine would be PlayStation's biggest competitor in the future, as the Xbox Project Helix will target a very different audience. Judging from the news, however, Sony's dominance in the market is unlikely to be threatened by it.

About the author: Francesco De Meo has been covering video games and technology since 2012, starting his career at small outlets like Gamersyndrome and GeekSnack. After joining Wccftech gaming section in 2015, he quickly expanded his video gaming coverage with in-depth reporting, interviews with iconic industry figures such as Grasshopper Manufacture founder and No More Heroes creator Goichi "Suda51" Suda, Resident Evil series creator Shinji Mikami, Team NINJA's president and Nioh series director Fumihiko Yasuda, and Silent Hill creator Keiichiro Toyama, reviews and on-the-ground coverage of major industry events such as Gamescom and E3. When he's not reporting or reviewing, Francesco can be found playing the genres he loves most, spending time with his six cats, reading, writing music, playing guitar and drumming for his progressive rock band.

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