Valve has announced significant price increases for the Steam Deck, with costs soaring by up to $300 due to ongoing chip shortages and rising memory and storage costs. As the popular handheld gaming device makes a return to the market after months of being out of stock, customers now face daunting price tags, with the OLED models reaching up to $949. This price hike marks an increase of nearly 50% for some configurations, leading to widespread concern within the gaming community regarding the affordability of PC gaming hardware during these challenging times.