component shortages

Tim Sweeney, CEO of Epic Games, criticized Valve for increasing the price of the Steam Deck's 1TB model to 9, attributing the price hike to shortages in memory and chips. He acknowledged the overall rise in component costs but deemed Valve's increases excessive. Valve's CEO Gabe Newell is known for his luxury yacht collection, including a 365-foot superyacht valued at around a billion dollars. Valve has not yet announced pricing for the Steam Machine, which is expected to be priced similarly to other gaming PC builds, potentially exceeding ,000, without subsidies to compete with PlayStation or Xbox.