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Valve's Steam Machine Price Revealed: Preorder Lottery Now Open
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Valve’s Steam Machine Price Revealed: Preorder Lottery Now Open

Ava MitchellBy Ava Mitchell·

Valve’s Steam Machine now has a price, and it’s steep enough that the company is calling its preorder process a lottery instead of a standard first-come, first-served sale. The living-room gaming PC is accepting preorder entries, with units expected to ship soon. However, the ongoing global memory shortage has driven the cost up.

By The Numbers: Steam Machine at a Glance
Detail Info
Product Valve Steam Machine
Preorder Method Lottery (random selection)
Availability Preorder entries open now
Shipping Timeline Soon (exact date TBD)
Price Driver Global memory (RAM/storage chip) shortage

What Is the Steam Machine, Exactly?

Think of the Steam Machine as the bigger sibling of the Steam Deck, designed to sit under your TV. While the Steam Deck (Valve’s handheld gaming PC) allows you to play PC games on the move, the Steam Machine is made for the living room. It runs Steam and Linux-based SteamOS, using hardware more like a traditional gaming PC. The aim is to let you game from your couch with a controller, without needing a Windows PC or a Sony PlayStation.

Valve first introduced the Steam Machine concept years ago and then put it on hold. Now, with the momentum from the Steam Deck, they’re bringing it back. The Steam Deck showed there’s a strong demand for Valve’s hardware. The company believes the same audience will want a solution for the living room.

Why Is the Price So High?

The memory crisis refers to a global shortage of RAM and NAND flash storage chips, which affects nearly every computing device. This shortage has raised component costs significantly in 2026, and Valve isn’t exempt. According to Mashable, the final price of the Steam Machine is higher than it would have been under normal conditions. Valve hasn’t made it clear whether they’re absorbing some of these extra costs or passing them all onto buyers.

This situation is similar to what’s happened with graphics cards, gaming laptops, and even smartphones this year. When factories producing memory chips can’t keep up with demand, prices for everything that uses those chips go up. The Steam Machine is just the latest product affected by this issue.

For context, during the 2021 chip shortage, GPU prices soared. Cards that should’ve cost around $300 sold for $800 or more. While the current memory crunch isn’t as severe, it’s definitely impacting retail prices.

The Preorder Lottery: How It Works

Instead of a typical preorder page where the fastest buyers win, Valve is using a lottery system. You enter your name, and Valve randomly picks who gets to buy one. This method is similar to how Sony handled early PS5 preorders and how Valve managed some Steam Deck reservations in 2021.

The lottery system helps Valve manage limited supply without system crashes and stops resellers (those who buy to sell at a higher price) from clearing out stock in seconds using bots. Whether it actually prevents scalping is up for debate, but it does give regular customers a better chance.

The preorder lottery is currently open through Steam. Shipping is expected soon, but Valve hasn’t provided a specific ship date yet.

What This Means for Everyday Users

If you want an easy way to play your Steam library on your TV without building a gaming PC or dealing with HDMI cables, the Steam Machine is perfect for that. SteamOS simplifies the setup, so it should feel more like plugging in a console than configuring a PC.

The downside is the price. Until Valve confirms the exact amount, it’s hard to say how the Steam Machine stacks up against a PlayStation 5 or Xbox Series X. Both offer a more straightforward gaming experience out of the box but tie you to their own game stores. The Steam Machine runs your existing Steam library, which is a huge plus if you already own a bunch of PC games.

If the price exceeds $600, many potential buyers might hesitate. But if it lands closer to $500, it could be a much easier sell to Steam fans.

Community Reaction

“The lottery thing is fine, I just wish Valve would be upfront about what the actual price is before making me enter. How do I know if I even want one?”

— u/hexcore_rig, r/linux_gaming

“I love my Steam Deck and I want this to work, but if it’s over $700 they’re out of their minds given what a PS5 costs right now.”

— YouTube comment on Linus Tech Tips Steam Machine coverage

What To Watch

  • Exact pricing announcement: Valve has started the lottery without prominently sharing a final price. Expect a clear public price reveal before units ship. Keep an eye on Valve’s Steam news page and official social channels.
  • Lottery winner notifications: If you’ve entered, check your Steam-linked email. Valve is likely to notify winners in batches as shipping gets closer.
  • Memory market movement: If the global memory shortage improves in the second half of 2026, later production runs of the Steam Machine might be cheaper than this initial batch.
  • SteamOS game compatibility: Not every PC game runs perfectly on Linux-based SteamOS. Valve’s Proton compatibility layer (software that translates Windows game code for Linux) has improved a lot, but it’s smart to check your specific library on ProtonDB before buying.

Sources: CNET: Valve’s Steam Machine price and release date details | Mashable: Steam Machine price officially revealed

Ava Mitchell

Ava Mitchell

Ava Mitchell is a digital culture journalist at Explosion.com covering social media platforms, streaming services, and the creator economy. With 4 years reporting on TikTok, Instagram, YouTube, and the apps that shape daily life, Ava specializes in explaining platform policy changes and their impact on everyday users. She previously managed social media strategy for a tech startup, giving her firsthand experience with the platforms she now covers.