Valve raised the 1TB Steam Deck OLED to $949 and the 512GB model to $789 yesterday, a near-50% increase driven by ongoing DRAM and storage shortages. The North American stock that appeared on the store page vanished again in under 24 hours, with the site now noting intermittent out-of-stock status due to component constraints.

Demand held steady despite the adjustment, as confirmed by rapid sell-through on the official page and tracking sites like Deck Scan showing limited availability elsewhere. Valve continues allocating parts toward its upcoming Steam Machine launch later this year, further tightening supply for the Deck.

Quarterly hardware metrics and broader industry reports on rising memory costs suggest this pricing level may persist even as shortages ease, with no immediate indication of reversal. Refurbished units and non-OLED models remain at prior levels for those tracking availability.