Steam Deck OLED Price Increase Announced Due to “Rising Memory and Storage Costs”

PC gaming on the go just got a whole lot more expensive with both the 512 GB and 1 TB models seeing sharp price increases.

Posted By | On 28th, May. 2026

Steam Deck OLED

Good news: The acclaimed Steam Deck OLED is finally back in stock. The bad news? Well, you’ve probably already seen the headline. Citing “rising memory and storage costs”, both the 512 GB and 1 TB models of the handheld PC have seen staggering price increases.

If you’ve been in the market for a shiny new unit, you might want to sit down for this next bit. The 512 GB model now costs an eye-watering $789, up from $549 (so roughly $240 more). The 1 TB model’s now too close to the thousand dollar mark, clocking in at $949, up from $649 (an increase of $300). We can’t say we didn’t see this coming, but it’s still quite a shock.

Valve’s reasoning behind the hike in its announcement is also the reason for the shortages in the first place. It’s going to be interesting to see how the new prices affect sales and whether there will be any pushback from the gaming community. And how will this affect the upcoming Steam Machine, whose price has reportedly skyrocketed after initially facing delays due to the ongoing worldwide RAM shortages? You can be sure we’ll be here telling you about it as soon as it happens, so stay tuned.


Keep On Reading!

Virtua Fighter Crossroads is An “Open Sandbox RPG,” Says Producer, Where “Player Choice Matters”

Virtua Fighter Crossroads is An “Open Sandbox RPG,” Says Producer, Where “Player Choice Matters”

RGG Studio's Riichiro Yamada also promises a "lot of side content", including "side quests with the old cast" ...

Star Wars Eclipse “Simply Cannot Be Completed” if Quantic Dream Proceeds With Layoffs, Say Devs

Star Wars Eclipse “Simply Cannot Be Completed” if Quantic Dream Proceeds With Layoffs, Say Devs

After announcing layoffs for 115 employees following the failure of Spellcasters Chronicles, developers are st...

Dinoblade Launches on July 23rd, Prehistoric Souls-like Combat Showcased in New Trailer

Dinoblade Launches on July 23rd, Prehistoric Souls-like Combat Showcased in New Trailer

What began as a humble series of animations by Jean Nguyen back in 2022 has evolved into a full-fledged PC tit...

Grand Theft Auto 6 Has Seen “Record” Pre-Orders on Xbox Series X/S, Clarifies Microsoft

Grand Theft Auto 6 Has Seen “Record” Pre-Orders on Xbox Series X/S, Clarifies Microsoft

An Xbox spokesperson said that recent estimates "don't represent pre-order data" and that people should "wait ...

Grand Theft Auto 6 Won’t Get a Disc-Based Physical Copy, Despite Recent Reports – Rumor

Grand Theft Auto 6 Won’t Get a Disc-Based Physical Copy, Despite Recent Reports – Rumor

A "source with knowledge of the plans" told The Hollywood Reporter that it's not on the cards, either at launc...

Assassin’s Creed Black Flag Resynced Showcases Havana’s Astonishing Glow-Up and Authenticity

Assassin’s Creed Black Flag Resynced Showcases Havana’s Astonishing Glow-Up and Authenticity

From changes in lighting due to nightfall or different types of rainfall and winds, the city looks better than...