It's official: Valve revealed today the prices for Steam Machine, its new PC designed to bring the Steam library to living room displays. The base 512 GB model costs $1,049 without a controller, while the 2 TB version runs $1,349. Bundle in the new Steam Controller and prices jump to $1,128 and $1,428 respectively.
Reservations open on June 25 through a randomized lottery system to limit speculative resale, with a one-order-per-household cap. Official launch is June 30. According to Valve in a statement to Eurogamer, the price is "significantly more" than originally planned due to the memory component shortage driven by AI datacenter demand. Valve engineers indicated the device would have cost around $750 before the shortage hit.
Valve does not subsidize pricing as traditional console makers do, citing its refusal to "build a more closed system." The company also confirmed that SteamOS 3.8 allows any PC to function as a Steam Machine, broadening compatibility with AMD and Intel desktop hardware. Additionally, FSR 4.1, AMD's most advanced image upscaling technology, will arrive on the device soon.



