Speculations on what the Steam Deck 2 might be like have been put on pause – people are now more focused on what is going on with the current generation Steam Deck – it is out of stock in several regions.
Valve hasn’t come out with an official statement yet, but last night the Steam stores in the US and Canada started showing all three variants of the Deck as “Out of Stock”. This is not a surprise for the LCD model, which was discontinued in December and may have sold out. But the two OLED versions (512GB and 1TB) still represent the current (and now only) model of the Steam Deck.
It’s not just North America, there are shortages in Japan, South Korea, Hong Kong and Taiwan. The store in Europe still has units, though, with both storage options available.
The Steam Deck is out of stock in North America but is still available in Europe
There is a Reddit thread where people post their order status. We are seeing a few successful orders from the US on that thread that were placed in the last few days. Have you tried to buy a Steam Deck recently? Leave us a comment with how that went. You can also keep an eye on this megathread to see what people from multiple regions are saying.
Again, Valve hasn’t clarified the situation, but the culprit seems clear – the rising memory prices. Valve just doesn’t have the same volume as other hardware makers, so it may be more vulnerable to component shortages.
And while we’re still waiting on the official word, it’s worth having a look at the Steam Machine and Steam Frame VR – those were announced in November, but Valve kept their prices under wraps. Last week the company announced that their release has been pushed back and didn’t even set a concrete time frame for the launch, never mind revealing the prices.
Analyst’s prediction for RAM prices in Q1 and Q2 (source: Counterpoint)
That’s a clear indication that the component market is unpredictable and Valve probably doesn’t want to commit to time frames and prices that it might not be able to keep.
To put things in perspective, analysts are reporting that memory (DRAM, NAND and HBM) prices are up 80%-90% in Q1 2026 compared to the quarter before. And that is not the ceiling either.
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