Valve has launched the Steam Machine gaming computer at a higher price than it previously expected, in what it has attributed to soaring component costs.
The gaming giant said in a blog post, external on Monday that its new gaming PC, which also doubles as a console, would retail at £879 in the UK and $1,049 in the US - a price tag it said reflects hardware costs rising in recent years.
"The overall effect is that our original goal for the price of Steam Machine is no longer viable," Valve added.
The price also comes amid a broader pattern of device manufacturers hiking prices up - not down - to swallow rising memory and storage costs.
Valve announced earlier in 2026 that it was raising prices of its handheld device Steam Deck by 40% due to similar expenses.
Prior to that, it had said its new Steam Controller would cost £85 - raising eyebrows among some gamers.
The developer said on Monday the controller would be available alongside a 512GB edition of the Steam Machine in a bundle for £938.
Meanwhile, a 2TB Steam Machine will cost £1,149, and £1,208 with a controller.
The device was unveiled in November as a PC "optimised for gaming" that can also be used as a console.
It is a spiritual sequel to the 2014 device of the same name, which failed to break into a market dominated by the three big gaming giants of Sony, Nintendo and Microsoft.
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