At the other end of the spectrum, Superdata Research founder and SuperJoost newsletter author Joost Van Dreunen predicted the entry-level Steam Machine could come in as low as $549, rising to $749 for the 2TB version (plus an additional $50 for bundles including a Steam Controller).

A interview with Valve's engineers and designers on how the Steam Frame VR looks to maximise its games catalogue, and why they won't stop users messing with it.

"$400 with a controller. This would really send a message" One analyst on how Valve's Steam Machine could make the biggest impact on the games industry.

If Valve takes that affordability approach, then the new Steam Hardware is potentially disruptive to several different areas within the gaming industry. It could pose particular issues for Microsoft, which has recently begun talking about plans for its next-generation Xbox, and to Meta’s current prominence within the VR space.

Valve has created a PC-based game console that lives under your TV. The Steam Machine takes everything that’s great about the Steam Deck and adds the raw power to compete with the latest PlayStation and Xbox consoles.

Valve may not have announced Half-Life 3 yesterday, but the time feels right for the game to finally be revealed.

Starting off with the Steam Machine, Valve confirmed that it’s six times more powerful than the Steam Deck and is able to play your entire Steam library, including AAA and indie