You've no doubt by now seen the rather surprising increase in the price of the Steam Deck OLED, but that doesn't seem to have stopped people buying them all up.
Looking at availability across multiple regions - the official Steam Deck store is showing both models of the Steam Deck OLED sold out in the USA and Canada. However, checking further - both models appear to still be in stock in the UK, Poland and France but that could change. All of this has pushed the Steam Deck once again into the #1 spot on Valve's Global Top Seller list (although that is by revenue).

Valve do note on the store page "Steam Deck OLED may be out-of-stock intermittently in some regions due to memory and storage shortages" - so we may see stock intermittently appear. We also have no idea how much stock Valve actually had, but they were confident enough to announce stock was back with the new prices and for some it's now just gone already. Ouch.
Safe to say though - the Steam Deck is no longer the ideal choice when it comes to handheld gaming. As much as that sucks for everyone. The Legion Go S with SteamOS might now actually be the better option. It's a bit more than the 1TB OLED in the UK, but it does have the Z1 Extreme and more RAM. Or, even the ROG XBOX ALLY X that has the newer Z2 Extreme. The prices between all of them are a lot closer now, and so with the more powerful chips in the other handhelds the Steam Deck is a hard sell now. Still, back to the title of the article - it clearly hasn't stopped people buying them from Valve.
Perhaps though with the new handhelds coming with the just announced Intel Arc G-Series processors, we might get at least a little more competition going again.
Thanks again to all the AI companies and their vast data centres sucking up all the components and forcing prices up everywhere.
Quoting: ItsRainingSomewhereSo I guess the price increase was't a problem for some people...Probably the same people not worried about oil or food prices either. Some of them will collect premium items like an overpriced Steam Deck just to have it sit on their shelf of handhelds.
Last edited by melkemind on 28 May 2026 at 4:05 pm UTC
Quoting: ottergauzeThe only good I can see coming from this (and I'm grasping at straws here) is that once we see demand for AI slow down (hopefully), the used hardware market will be absolutely swamped.I wish I shared your optimism.
I think what is more realistic is that data center demand reaches a homeostasis and plateaus.
Quoting: ottergauzeThe only good I can see coming from this (and I'm grasping at straws here) is that once we see demand for AI slow down (hopefully), the used hardware market will be absolutely swamped.I dunno. I start to think that when the AI bubble explode, there won't be any gaming pc arounds anymore, all the hardware will be in server farms. So... they will start to sell people cloud gaming to recover from losess. With no material alternatives. Since OEM will be gone too.
Quoting: MalThat only works if there is effective demand--if people are both willing and able to pay for these services. When the AI bubble goes it won't go alone; there will be a multi-faceted financial crisis leading to a serious recession in all parts of the world that have renounced Keynesian economics, i.e. most places outside China. So, people won't be flocking to such services, nobody will have the money.Quoting: ottergauzeThe only good I can see coming from this (and I'm grasping at straws here) is that once we see demand for AI slow down (hopefully), the used hardware market will be absolutely swamped.I dunno. I start to think that when the AI bubble explode, there won't be any gaming pc arounds anymore, all the hardware will be in server farms. So... they will start to sell people cloud gaming to recover from losess. With no material alternatives. Since OEM will be gone too.
There are people out there willing to part with this kind of money for trainers, Lego and small bits of card with the dumb electric rodents from their childhood on them. And apparently enough of them that the rest of us don’t matter any more. I’m starting to come to terms with finding entertainment where I can get it usually secondhand old stuff (which I honestly get more enjoyment from anywho)
Quoting: MalA bigger counterpoint to this is that the hardware used in servers and AI training hardly works as well when it comes to tasks like gaming, it might not even be the same form factor. Regardless, let's not be such doomers about the situation, it doesn't help anybody.Quoting: ottergauzeThe only good I can see coming from this (and I'm grasping at straws here) is that once we see demand for AI slow down (hopefully), the used hardware market will be absolutely swamped.I dunno. I start to think that when the AI bubble explode, there won't be any gaming pc arounds anymore, all the hardware will be in server farms. So... they will start to sell people cloud gaming to recover from losess. With no material alternatives. Since OEM will be gone too.
Quoting: tfkHm. For Europe it seems the 512GB version is gone too...Not in my Europe.
It varies, probably not for long if they stocked 4.5 units.
AI Investors are going to be pissed when they don't get a ROI, and the funny part is that the intellectual property rights will be sold off for pennies on the dollar during bankrupcy from these AI companies, probably to BlackRock, BlackStone and other Mega Entities.
This is literally what happened when The Oil Companies bought Electric & Solar IP & Patent rights. What's important is that the money only flows to the "right people".
Of course the prices will never come back down.
And to all you anti-war copium hopium optimists, don't for a second think that Oil Prices will return to their prior Iran conflict prices -- the oil wells when not pumped consistently, have had flow permanently reduced by 30%, without expensive investment into further deeper drilling & expansion. Meaning that global shipping and production of goods will not come down in price, leaving scarcity up.
We haven't even talked about what incredible hardware the Steam Deck is, it's a low watt powerful portable x86_64 computer not locked in with many weird binary blobs, with a poweruful open source (driver wise) GPU. This technology has many uses (drones) that even at 1k would be a steal to the right buyer.
And in the blink of an eye, just like RAM, GPU, NVME - prices multiply 100%+.
This is going to last at least as long as it takes for new fabrication facilities to be built (4 years). If you didn't get your hardware before, it sucks, but it's going to stay bad and even get worse.
Even at equal or higher prices, with other Valve Products going OOS in a day, Steam Machines will completely sell out.
It's a sellers market.
If you haven't locked in your 5 year rig, you'll be even more cooked until supply catches up -- which requires the new fabs to be outputting in volume.
Quoting: ElectricPrismAnd to all you anti-war copium hopium optimists, don't for a second think that Oil Prices will return to their prior Iran conflict prices -- the oil wells when not pumped consistently, have had flow permanently reduced by 30%, without expensive investment into further deeper drilling & expansion. Meaning that global shipping and production of goods will not come down in price, leaving scarcity up.There is some truth to that, but not all oil wells are that vulnerable to this phenomenon; the overall loss will surely be significantly less than 30% of the whole region's production. Getting into territory where that can be replaced. The other issue is that while yes, all the disruption will certainly keep prices high for a year or two after the strait is open, demand will start to decrease soon. The transition is accelerating; until now it has just reduced the increase in demand, or this past year maybe canceled it out. But country after country is deciding that the economics are compelling and, now, the national security issues even more so. Everyone's gonna be buying Chinese electric cars, buses, trucks. This is the last oil price boom. Once demand starts noticeably declining, prices will go down and never really recover. Even if a supply cut postpones that by a year or two, the end game is still coming.
Quoting: sarmadThe PS5 Pro is now cheaper than the Steam Deck OLED 512.PS5 Pro 899€, not cheapest and not most expensive listing (for my local) and PSN getting closer and closer to be mandatory. SD OLED 512G - 779€, 1T - 919€. Comparison of very different form factors kinda... Steam Machine will be comparable.
Quoting: ItsRainingSomewhereSo I guess the price increase was't a problem for some people...Well, money just isn't an issue for some people. It's not a matter of being rich, just depends on lifestyle. My mother died months ago, so I live by myself now. Since I require few things, I can afford to splurge on the occasional "treat" like my recent PS5 purchase every so often. However, that's just me; different people have different situations.




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