Steam Deck Faces Stock Shortages: Rising Memory Prices to Blame

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Speculation regarding the Steam Deck 2 has taken a backseat as attention shifts to the current generation of Steam Decks, which are experiencing stock shortages in several regions.

Valve has yet to provide an official statement, but last night the Steam stores in the US and Canada began listing all three variants of the Steam Deck as "Out of Stock." No surprises here for the LCD model, which was discontinued in December and has likely sold out. However, the two OLED versions (512GB and 1TB) now represent the sole available models of the Steam Deck.

Stock issues are not confined to North America; shortages are also being reported in Japan, South Korea, Hong Kong, and Taiwan. In contrast, European stores still have units available with both storage options.

The Steam Deck is out of stock in North America but remains available in Europe.

A Reddit thread has emerged where users share their order statuses, revealing a few successful orders from the US placed in recent days. Have you attempted to buy a Steam Deck lately? Let us know in the comments how that went. You can also monitor this megathread for updates and experiences shared by users from various regions.

While Valve has not provided clarity on the situation, the rising memory prices appear to be the primary culprit. As a smaller hardware maker, Valve may be more susceptible to shortages compared to its larger competitors.

While we await an official update, it may be worthwhile to explore the Steam Machine and Steam Frame VR. Announced in November, these products had their prices withheld, and last week Valve announced a delay in their release without providing a specific timeframe or pricing details.

Analyst Predictions for RAM Prices in Q1 and Q2 (source: Counterpoint)

This is indicative of the unpredictable nature of the component market, leading Valve to hesitate in committing to timelines and prices that may not be feasible.

To provide context, analysts report an increase in memory prices (including DRAM, NAND, and HBM) by 80% to 90% in Q1 2026 compared to the previous quarter. And this increase may not be the peak.

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