I bought a PNY 2tb drive to upgrade my Steam Deck in August of 2025, it was $95 (USD). Today the 1tb version is $165, 2tb is $290.
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From 12:48 of the video:
Gamers Nexus: "Were you able to lock in contracts for memory with the suppliers directly or did you have to jump through a bunch of hoops or..."
Rep from Valve: "Look there's no contract, there's nothing. Those guys...they are...they give us a price every month, and they say 'you can buy that many', and it's yes or no, and if we say no then they never talk to us again".
Gamers Nexus also links another video they made specifically about the DRAM cartel.
Actual fucking cartel.
Its always rough when you are dealing with a cartel..
I love how many people are really trying to suck the cartel's toes in the comments here.
The "UMM ACTUALLYS" are off the charts and stupid.
I mean sure, but this is a plain supply and demand issue.
Saying “supply and demand” as if that settles the issue is reductive. It tells us prices moved, not why the market is structured this way. The real questions are what’s driving demand, who controls supply, and how concentrated power has become. When three suppliers and a handful of effectively unlimited buyers dominate the entire market, with weak or absent regulatory intervention, Econ 101 stops being analysis and starts becoming a thought-terminating cliché.
I'm not sure why you are getting down votes.
The reasons fur the demand sick, but you are correct, demand is fast outstripping supply..... Price rises are inevitable.
Not my downvote, but I get it. The AI cartel bought out the RAM manufacturers. The "AI circle" of companies is definately fucking over the market and not just in ways that lead to them getting their job done. They didn't just stop making ram. They slowed it wayyy down, causing prices to skyrocket. They will likely make tons of money from the AI memory towers on orders for datacenters that might not even be allowed to exist, but they're certainly making multiple times more money on their old lines producing the same product they always have.
Yeah, the cartel comment implies price fixing or a monopoly or something, which really isn't the case. This is really clearly a case of demand going through the roof (for entirely stupid and irresponsible reasons) and supply not being able to meet it.
But that's what I get for using critical thinking amongst a mob, this is on me.
It can be both. The three RAM manufactures (Samsung, Micron, and SK Hynix) have a historical record of price fixing and collusion (I believe Gamers Nexus has some excellent reporting on this). It isn't just supply and demand, it's that three sketchy companies have the world over a barrel and may well be using the demand spike to keep prices (artificially) high with the knowledge that nobody else can enter the market and that it takes YEARS and a truly ridiculous amount of money to scale up production to increase supply.
Demand going the roof would be normal.
One company (openAI) to prepurchase all of the next years ram before even produced and you double the prices only from that is a cartel move.
And maybe is the worst to this date, with prices 4x or 5x, but in the past the cartel had other ways to raise prices 2x (2016 was last time for who remember).
Hey, I wouldn't disagree with that for the most part. But I would still say this is mostly an example of supply and demand.
When supply is so limited that you probably won't be able to acquire all of a resource that you need, it's perfectly rational to attempt to secure as much as you can from the next batch, even if that means prepaying to ensure your access.
Now if that buyer is offering higher prices to secure the resource, it's also perfectly rational for the manufacturer to sell it to them.
We're going to continue to have this problem as long as that relationship remains the same. No legislation or trade deal or tariff or is going to make a meaningful difference. The only way to solve this situation is to increase supply or decrease demand. Well, I suppose you could outlaw LLM training in every country on earth, but good luck with that.
My question is: how far back in time do we have to go to get to where RAM and SSD prices were this high (for a given capacity) in the past? Like 2021?
The last time we saw a price spike like this was when the Chinese adhesives factory caught fire and burned to the ground, those adhesives were used in all kinds of chips.
2013 - but even then it wasn't this bad.
https://www.theguardian.com/business/2013/sep/06/china-fire-memory-chip-prices
There were also supply chain problems during Covid.
2020-2023:
https://www.sciencedirect.com/science/article/pii/S2405896322017293
Well...but @MangoCats@feddit.it isn't asking about the spike, but about the absolute price.
PC Part Picker's memory trends page unfortunately only shows the past 18 months. But we can hit archive.org's Wayback Engine.
First of all, here's a current level for DDR5-5200 2x16GB:

So about $500 for DDR5-5200 2x16GB.

They only started tracking this category back in early 2022-ish. It looks like it was about $380 then. Adjusted for inflation, that's $435.14 in 2026 dollars. So it's probably never been that expensive.
However, that was also when DDR5 was pretty new, and it looks like it started out expensive.
If we look at DDR4, which might be more interesting, since we can go back further and avoid the initial spike:
Looking at DDR4-3200 2x8GB, it's come down a bit, but looks like it peaked at about $190.

Inflation-adjusted, that's $144 in 2019 dollars.

It looks like that was about April 2019 when DDR4 exceeded the peak from the last few weeks.
That's what I was thinking: early COVID, and it's not so much about the price spike relative to where it was, but the absolute dollars per GB pricing which has been persistently falling for decades - I doubt you have to go past 2021 to get to higher prices per GB, and that was for slower speeds too...
Bought a 256GB ssd for like 320€ in around 2011 (maybe 2012) so there's that.
Yeah, over the years I tend to spend about $200 on storage when I buy - it's just that the storage has been getting bigger and bigger for that price over the decades.
Much longer than that. There was a spike in 2021 that brought high end 2x8gb ddr4 kits to about $180-200 but that's still significantly less than what you pay for decent ddr5 now. I think you'd have to look to back to early DDR3 or even further to DDR2 prices to get higher per gb amounts.
SSD prices were this high briefly (2-3 months) mid-2021. Before that you'd have to look all the way back to times where 1tb was the largest consumer grade SSD you could buy
If we look at this on the basis of "how much does it cost to put a typical amount of RAM and storage in your computer?" then I bet we'd be going all the way back to the 90s.
Like seriously.
After reporting how much the Steam Machine costs, I could tell already. RAM manufacturers are in paradise right now!
Have you seen what their stocks are doing?
The all experienced exponential growth somehow.
Samsung went from a stock being 200-300€ per share to 5000€ per share in less than a year.
There's going to be a bloodbath when the AI bubble finishes popping.
This all so people can rot their brains out to fruit videos...
fruit videos? is there a recent trend I missed?
And so companies can fire the people who do the work (and hire them back later to fix the damage done by the agentic AI), too. Don't forget that part.
This really bums me out not cuz I was looking to buy one but because I wanted it to shake the market up and make every company do better for the consumer... I feel like this price takes them completely out of the console market and purely into the entry-level PC market where I think it still is a decent specs and price for that market. It's just not what it was made to be
I hate micron so much now especially. They basically rug pull all consumers and only sell B2b now. So they can make more money on Ai datacenters.
Problem is there are only a few companies that even sell memory. And micron made it so much worse for the consumer market. I will not forgive, I will not forget.
I really hope China or someone else can step up and just flood the entire market with cheap components eventually.
They are trying. But there is a downside to everything. Once China has full function to basically replace the manufacturing of processors and memory in Taiwan they no longer have anything holding them back from bombing Taiwan into submission. And several incentives to do so to eliminate their competition.
They still sell consumer memory IIRC, just not their own brand. They'll make DDR5 for others at inflated prices though.
Yes but giving up profits is not what a company does...
And you say forgive, as if they are your friend or something. Its a corporation. They don't give a fuck about you as a person.
Almost all corporations doesn't. There are exceptions. Kagi, the search engine, will give your monthly subscription money back if you didn't search during the month. How cool is that. That's someone who actually wants to provide a product users are happy with.
Is this a Kagi ad lmao
Ngl relatable, I too often mention my interests out of place.
But it's not out of context. Rather it, merely has an existence in which the distance between in-context and out-of-context disappears, and the topic exist as neither related nor unconnected. A bona fide symphrantasia if you will.
In my commenting career I often make niche, anime poetry references, and searching for them based on the few words I remember can be hard; and that's why I use kagi, the not-google search engine, start your free trial for 100 searches per month today or upgrade to infinite searches for only $10/month from link below.

There are exceptions. Kagi, the search engine
They're giving money to the homophobic brave search engine because it's "just politics" and also give money to russian yandex despite their invasion into ukraine
https://mastodon.social/@scy@chaos.social/111704636602291316
https://kagifeedback.org/d/5445-reconsider-yandex-integration-due-to-the-geopolitical-status-quo/19

Alright. Now let's talk about what Google is doing. :)
Pretty damn evil company if you ask me.
At some point, you realize that companies will always do things you don't agree with, and you try to pick the lesser evil.
As for homophobic, i dont know if you mean same sex marriage? The bible clearly says:
Leviticus 18:22: You shall not lie with a male as with a woman; it is an abomination.
So to Christian people, its not homophobic, it's about their beliefs. Clearly religions will have things that you must not do, and this is one of those for Christianity.
Abortion is another hot topic. There are many of these that are not based on hate, but on belief systems. I really think it's getting too much with calling everyone who doesn't agree homophobic. It's the new conspiracy theorist. :)
if you’re a bigot because you think sky daddy told you to be, that doesn’t somehow make you not a bigot
Bigot - a prejudiced person who is intolerant of any opinions differing from his own.
How are you not a bigot with the statement above?
Because they're not saying you can't have that opinion, just that you are bigoted for having that opinion.
Hope that helps you! 😊
Yes. We are both biggots. And I think everyone is, looking at that definition.
Only very mature people are tolerant of opinions they dont agree with. Depends of course on what does tolerant mean? If you argue against it, are you tolerant?
I let a lot of people here have their weird opinions. :)
Damn the verge now just quotes GN? They may as well just link their video without writing anything, lol. They added nothing to this article.
Not that I can read much of it because of the paywall.

paywall
Probably doesn't help in this case, but check out Bypass Paywalls Clean :)
thanks it's a bit weird to install but I'll get it done, I always wanted one that works after 5ftladder stopped working
Doesn't work on every site, but 13ft ladder is a self hostable replacement
If you click "read mode" (im on librewolf but any firefox fork will do) you can access the whole article just fine.
I feel sorry for them for the team that designed this. They had all this shit ready to go and then the RAM and SSD prices went through the roof, and tbh if you're speccing a machine for mass production, those seem like the bits that were always gonna be cheaper by the time it comes to actually building it. Why would they ever go up? They never have before.
It was a nice idea, but the timing had completely fucked it. I don't think it was ever going to compete with the PS5 on price, but right now it's barely even competing with PC on price...
Even the Steam Deck isn't competitive any more.
This is what shows in Steam when you search for it.

This is all you can buy.

If RAM prices are so bad, couldn't Valve give an option to order a Steam Machine with no RAM? So that people could use RAM they already have or buy some locally for a lower price.
The Steam Machine is intended to be plug&play.
I get where you're coming from. The average person doesn't know how to build a PC, and this is marketed as a plug and play device. Probably wouldn't be worth the support calls, returns, compatibility issues etc when people accidentally buy the wrong one.
Probably decided not to do that. I'm curious of their reason(s).
It's not worth it to offer it. The steam machine is going to sell out regardless of the price, just like the steam deck did even after the price hikes. Not because there's going to be such demand, but because supply is still constrained.
A model without RAM is going to cost valve extra to support (troubleshooting and whatnot), so why bother when you can just sell the unit that comes with the RAM.
Is it? It's not like Valve has shut down the 'pre-order' page. If they already manufactured the devices, they should of had lower RAM prices, and if they haven't completed manufacturing and have to pay elevated pricing, seems like a device that you don't release currently. Especially since the device is mostly off the shelf parts, and SteamOS improvements have been the real selling point. I am not sure what Valve is thinking, releasing a device that underperforms a PS5 Pro, which is $200 less and comes with a 2TB drive and a controller.
Valve has zero obligation to throw gamers a bone, but the pricing on the Steam Machine seems incredibly bone headed., especially with as much competition for handhelds in that price bracket which will perform similar to the Steam Machine and have screens and controllers built in. And many of them you can install SteamOS on and have the same experience.
So here's the thing. Right off the bat it's hard to take you seriously when you don't even seem to understand how the pre-order works for the Steam Machine -- and that's even with me agreeing with at least some of your overall sentiment. What compelling reason would they have to shut down the pre-order page earlier than advertised?
Honestly, none of us really know for sure 100% factually whether the Steam Machine will sell out or not, but it's hard to take your questioning of it seriously when your understanding is so limited, and that's the nice way of putting it.
Personally, I won't be surprised either way. I suspect it will sell out, but like you, me, and millions (billions?) of other people, I also know that the price is laughable when appraised only by specs and anticipated performance metrics, so it also would not surprise me if they struggle with sales.
That's why I buy used, much easier to negotiate. I'm not really a Dodge guy though, and I don't need a big truck anyway.
Seeing the LTT video where they build their own PC with similar parts (but slightly better) for the same price was really the nail in the coffin for this one. The performance of the SMachine makes the value proposition… lackluster.
The only redeeming quality is the form factor. Would definitely fit very well in a living room. Would it make a good couch party game machine ?
Not only that but they're dealing with another legal headache claiming they're a monopoly which is part of why they aren't subsidizing it. One of the staff members did say they're considering selling them with RAM/SSDs which if they do will significantly reduce the price.
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