Valve says making the Steam Deck 2 is "just a matter of looking at the current conditions", so I doubt it will…
Valve engineer Pierre-Loup Griffais stated that the development of a potential Steam Deck 2 is ongoing but dependent on current market conditions, particularly regarding component prices and availability. While not delayed, a release is not imminent, with Valve prioritizing a significant performance improvement at an accessible price point.
Retro Gamer
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