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Valve would love to lower the Steam Machine’s price, but the timing couldn’t be worse

June 26, 2026
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When Valve finally revealed the Steam Machine’s $1,049 starting price, the reaction was almost unanimous: the hardware looks fantastic, but the price hurts. Now, the company has confirmed what many gamers suspected all along: it never wanted the Steam Machine to cost this much in the first place.

Valve says the Steam Machine wasn’t meant to cost this much

Speaking to Digital Foundry, Valve engineers Pierre-Loup Griffais and Yazan Aldehayyat said the company would still love to lower the Steam Machine’s price, but today’s component market simply won’t allow it.

“There’s no point for us to keep hardware at a high price,” Griffais told Digital Foundry. “It’s meant to be an enabler of a stronger connection between people and their games… the cheaper the better.”

Unfortunately, that goal has collided with reality. According to Aldehayyat, Valve isn’t optimistic that memory and storage prices will return to normal anytime soon. “We would love to be able to make the Steam Machine more affordable and reach more people, but I don’t want to promise people that it’s coming soon,” he said. “I wouldn’t say that this is something that’s going to resolve very soon.“

Valve

The comments line up with what we’ve been saying since launch. The Steam Machine isn’t an overpriced product because Valve wanted it to be. It’s a premium gaming PC that happened to launch during one of the worst periods for PC component pricing in recent memory. With AI companies buying up enormous quantities of high-performance memory and storage, manufacturers have repeatedly warned that prices are likely to remain elevated for the foreseeable future.

The Steam Machine launched at the worst possible time

The funny thing is that none of this changes the Steam Machine itself. Reviews have consistently praised its premium design, whisper-quiet acoustics, and arguably the best console-like PC experience available today, thanks to SteamOS. The biggest criticism has always been the price, and Valve now admits it shares that frustration.

Steam Machine LED Progress Bar
Steam / Valve

The bad news is that relief doesn’t appear to be around the corner. The broader hardware industry continues to feel the effects of rising component costs, and it’s not just Valve that’s feeling the squeeze. Earlier this week, both Apple and Xbox announced fresh price increases across parts of their hardware lineup, reinforcing the idea that premium silicon isn’t getting cheaper anytime soon. So yes, Valve still wants to build the affordable Steam Machine it originally envisioned. But unless the AI-driven component crunch eases, that dream may have to stay on the drawing board for a while longer

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