Out of stock: Valve Steam Deck is the latest casualty of global memory shortage

Valve is warning customers that the Steam Deck OLED may be "out-of-stock intermittently," citing ongoing memory and storage shortages on its Steam store page.

As of this writing, all three models of the popular handheld gaming console are out of stock at the Steam store.

A note posted alongside the handheld gaming PC lineup states that availability issues are tied to component constraints and that the 256GB LCD Steam Deck is no longer in production and will not return once remaining inventory is sold out. As of this writing, the only regions where customers appear able to place new orders are Japan, South Korea, Taiwan, and Hong Kong, with other markets showing the devices as unavailable.

Note: Steam Deck OLED may be out-of-stock intermittently in some regions due to memory and storage shortages. Steam Deck LCD 256GB is no longer in production, and once sold out will no longer be available.

The language on the Steam page points squarely to a broader industry problem. The global memory market has tightened significantly as AI demand consumes more DRAM and NAND, leaving supply constrained.

According to a recent industry update from Sourceability, memory suppliers have implemented price hikes of 20 to 30 percent on DRAM, with some vendors reporting even sharper increases as demand shifts toward AI-related products. Analysts expect supply constraints to deepen into 2026 as high-bandwidth memory for AI data centers takes priority.

Valve has already acknowledged the impact of the global memory shortage on its hardware roadmap. In a recent Steam Hardware FAQ update, the company said memory shortages had rapidly intensified, limiting pricing visibility and complicating launch timing for upcoming products like the Steam Machine and Steam VR headset. The same crunch has affected mobile, laptop, and gaming markets as the AI industry buys up critical components.

This weekend, Mashable reported that Western Digital had already sold out its storage capacity for the entirety of 2026, just seven weeks into the year. In addition, laptop makers have been warning about price increases related to the ongoing memory shortage.

For Steam customers, this means Steam Deck availability may continue to fluctuate. And with the LCD 256GB model officially discontinued, intermittent stock could become less of a temporary hiccup. Mashable reached out to Valve for comment but the company did not respond in time for publication.