TL;DR
Valve announced that Steam Machine will officially launch on June 29th, starting at $1,050. Pre-orders are open through a randomized process, with availability in select regions. Details about Steam Frame remain unconfirmed.
Valve has confirmed that Steam Machine will officially launch on June 29th, with pre-orders starting immediately at a base price of $1,050. The announcement also hints at upcoming details about Steam Frame, though no specific launch date or pricing has been disclosed for that product.
Pre-orders for Steam Machine are now open in the US, Canada, UK, EU, and Australia, with regional distribution in Japan, Taiwan, and Hong Kong via KOMODO. Customers can choose between multiple configurations, including 512GB and 2TB storage options, with or without a Steam Controller bundle. Prices range from $1,050 to $1,430 depending on configuration.
Valve is employing a randomized pre-order process to mitigate reselling and ensure a fairer purchase experience. Customers who pre-order before June 25th will be placed into a reservation bucket, from which Valve will generate a random queue for order fulfillment.
The company cited recent fluctuations in hardware component costs—particularly RAM and storage—as reasons for the higher-than-expected pricing. Valve stated that the original price targets for Steam Machine are no longer feasible due to global supply chain issues and increased manufacturing costs.
Implications of Valve’s Hardware Launch Strategy
This launch marks Valve’s return to hardware with a new gaming PC console, potentially influencing the market for dedicated gaming devices. The higher price point and randomized pre-order system reflect ongoing supply chain challenges and component cost increases, which could impact consumer adoption and competitive positioning. The approach also signals Valve’s efforts to address reseller issues and ensure fair access, which may set a precedent for future hardware releases.

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Background on Valve’s Hardware Plans and Market Conditions
Valve previously announced Steam Machine as an alternative to traditional gaming consoles, aiming to combine PC flexibility with console-like convenience. The product has faced delays and uncertainties, partly due to fluctuating hardware costs and supply chain disruptions. The recent surge in component prices, especially for RAM and storage, has influenced the final pricing and availability strategies. Valve’s decision to implement a randomized pre-order process aligns with broader industry efforts to combat scalping and reselling, common issues in hardware launches.
“The prices we’re sharing today reflect the current state of the global supply chain and component costs, which have increased significantly over the past six months.”
— Valve spokesperson

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Unconfirmed Details About Steam Frame and Final Pricing
Valve has not provided specific details regarding the launch date, pricing, or availability of Steam Frame, the upcoming hardware product. It remains unclear whether Steam Frame will follow the same pre-order and release strategy as Steam Machine. Additionally, the exact supply quantities and regional availability are still uncertain, given ongoing component shortages.

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Next Steps in Valve’s Hardware Rollout and Customer Access
Valve is expected to begin fulfilling pre-orders shortly after the reservation system completes, with shipments starting on June 29th. The company may also release further details about Steam Frame’s launch timeline and pricing in the coming weeks. Monitoring regional availability and supply chain updates will be essential for assessing overall market impact.

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Key Questions
When does Steam Machine officially launch?
Steam Machine is scheduled to launch on June 29th, 2023.
How can I pre-order Steam Machine?
Pre-orders are currently open through Valve’s website, using a randomized reservation process to ensure fairness. Customers who pre-order before June 25th will be placed into a reservation bucket for order fulfillment.
What are the price options for Steam Machine?
Prices range from $1,050 for the base 512GB model to $1,430 for the 2TB version, with bundles including a Steam Controller available at higher prices.
Will Steam Frame be available at the same time as Steam Machine?
Valve has not announced a specific release date or pricing for Steam Frame. It is unclear whether it will follow the same launch strategy or be delayed.
Why are the prices higher than initially expected?
Valve cited recent increases in hardware component costs, particularly for RAM and storage, as reasons for the higher-than-anticipated pricing.
Source: Road to VR