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Valve Warns RAM Shortage, Steam Machine Costs Jump 40%

7/19/2026

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Story summary
  • Valve warned that a memory shortage will keep hardware prices high and said it will not subsidize the device, focusing on open-source PC gaming.
  • Yazan Aldehayyat said retail shelves lag bulk supply by three to six months.
  • Jefferies forecasts RAM prices to rise 40-50% in Q3 2026, 30-40% in Q4, and 40-45% YoY through 2027.
  • The Steam Machine launched in summer 2025 at $1,050, above the $750 target.