Well, that explains the expensive Steam Machine: Valve can't negotiate with RAM companies for better prices because "if we say no, then they never talk to us again"
Valve engineer Pierre-Loup Griffais explained that the high price of the Steam Machine is due to RAM manufacturers refusing to negotiate, leaving Valve with limited options. This issue is exacerbated by generative AI companies consuming large amounts of RAM, driving up prices for all consumers and leading console manufacturers like Microsoft, Sony, and Nintendo to increase their own hardware prices.
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