Tim Sweeney, the CEO of Epic Games, has criticized Valve for raising the prices of several Steam Deck models. He implied that Valve CEO Gabe Newell is personally benefiting from these price increases.
Epic Games CEO Calls Out Gabe Newell for Steam Deck Price Increase
Epic Games CEO Tim Sweeney criticized Valve after they announced a price increase for the Steam Deck. Valve confirmed on May 27th that the handheld gaming device would cost more, with the 1 TB model seeing a price jump of up to $300. Sweeney implied that Valve CEO Gabe Newell was personally profiting from the increase, jokingly suggesting it was due to supply chain issues impacting the parts needed for his yachts. Newell is known for his love of yachts and even purchased a yacht building company, Oceanco, in 2025, in addition to owning his own large yacht.
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2026-05-30 00:33