Valve's Steam Machine price starts at $1049 / £879; original pricing "no longer viable" due to hardware supply issues

Valve has announced that the Steam Machine will start at $1,049 due to hardware supply chain issues and rising component costs. The company is using a lottery system to manage limited availability and prevent reseller exploitation.
Why it matters
The price hike and supply constraints highlight the ongoing impact of global hardware shortages and AI-driven demand on consumer electronics.
Limited stock will initially be made available by randomly-ordered waitlist, with registration opening today
The article reports on corporate pricing and supply chain logistics in a factual manner.
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