Valve’s Steam Deck OLED is Back in Stock, With an Over 40% Price Increase

Valve has just announced a big price increase for its Steam Deck OLED handheld, which is now back in stock. The 512GB model now starts at $789, while the 1TB model now costs $949, which represents a $300 (or 46%) price increase.

“Steam Deck itself hasn’t changed; 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,” Valve said today.

Here are the new Steam Deck OLED prices in major markets:

• 512 GB Steam Deck OLED: $789 USD/€779/£669 (previously $549/€569/£479)
• 1TB Steam Deck OLED: $949//€919/£779 (previously $649/€679/£569)

As of this writing, both Steam Deck OLED models have an estimated delivery date of 3-5 business days. If Valve has yet to reveal the price for its upcoming Steam Machine and Steam Frame VR headset, the Steam Deck OLED getting a big price bump isn’t exactly reassuring. It also remains to be seen if other gaming handhelds like the Asus ROG Xbox Ally and Ally X will also become more expensive.

Unfortunately, the AI-fueled RAM crisis continues to make a lot of electronic devices more expensive. Two months ago, Sony also raised the price of its PlayStation 5 consoles, citing “continued pressures in the global economic landscape. The Nintendo Switch 2 also received a price bump in Japan two days ago, with other markets to follow on September 1.