Steam Machine pricing and availability revealed

Valve has finally revealed pricing and availability details for the Steam Machine, its living room gaming PC that was first announced last November and that serves as a desktop counterpart to the highly successful Steam Deck.

The Steam Machine will be offered in two configurations: a 512GB model priced at US$1,049 (S$1,360 est.) and a 2TB version priced at US$1,349 (S$1,748 est.). However, getting hold of one may prove more challenging than paying for it.

For one, Valve is using a lottery-based reservation system rather than an open pre-order. Interested buyers can register through Valve’s website from today until 25 June at 10am Pacific Time, after which the company will randomly assign positions in a reservation queue.

Valve says the system is designed to “improve the purchasing experience and reduce opportunities for scalpers and resellers”. Customers selected in the queue will receive an email invitation to complete their purchase as stock becomes available.

Then there’s also the bummer news that the Steam Machine will not be available in our region, including Singapore, at launch. Or if ever, officially.

The first batch of purchase invitations is expected to be sent out on 29 June, with Valve aiming to fulfil reservations through the remainder of the year.

The pricing announcement comes amid ongoing supply constraints that have affected the wider technology industry. According to Valve, its original target price for the Steam Machine was ultimately “no longer viable” due to rising component costs and limited hardware availability.

The company said that some components had become so difficult to source that supplies were unavailable “at any price”. In particular, memory and storage costs have surged in recent months as AI hyperscalers continue to consume large volumes of available semiconductor capacity for data centre deployments.