Valve prices Steam Machine from a reported $1,049, launches randomized sign-ups

Valve has announced the pricing for its Steam Machine, a new SteamOS-powered gaming PC, with options starting at a reported $1,049 for the 512 GB model. The company admits its original price target is no longer viable due to a memory crisis that has driven up component costs and limited availability. Sign-ups for a randomized reservation system are open now.

Steam Machine pricing exceeds Valve's original target. The 512 GB model costs a reported $1,049, while the 2 TB version is priced at a reported $1,349. Adding a Steam Controller increases the price by $79 to a reported $1,128 for 512 GB and a reported $1,428 for 2 TB. Valve states these prices reflect component costs secured over the past six months after RAM and storage prices rose sharply.

The 2 TB models include two additional magnetic faceplates in red fabric and solid walnut. Valve says it will release CAD files so users can make their own. The bundled Steam Controller offers better value than purchasing one separately for $99, though individual availability remains limited into 2027.

Memory crisis constrains launch supply. Valve explains that some intended components became more expensive or unavailable at any price due to the ongoing memory crisis. This has reduced the initial production quantity more than any other factor. The company began sourcing parts in 2023 with a good understanding of potential cost changes, but those shifted quickly over the past year.

Randomized reservation system opens immediately. Users can sign up for their preferred model or bundle starting today through Thursday, June 25 at 10 a.m. Pacific. Valve will then perform a one-time randomization to set the reservation order, avoiding a system that rewards bots. Successful reservers will be notified, with the queue hoped to clear by the end of the year.

Those not selected enter a waitlist for later units, which may extend into 2027 and beyond. The approach mirrors the randomized systems used previously for the Steam Deck and Steam Controller. Valve notes the prices and limited quantities reflect the current manufacturing environment affecting hardware products industry-wide.