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AMD CEO Lisa Su Confirms Valve’s Steam Machine On Track for Early 2026 Shipping

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Advanced Micro Devices Inc. (AMD) CEO Dr. Lisa Su said Tuesday that Valve Corp. remains on schedule to begin shipping its long-awaited AMD-powered Steam Machine in the early months of 2026, providing the strongest third-party confirmation yet of the device’s imminent arrival.

Speaking during AMD’s fourth-quarter 2025 earnings call on Feb. 3, Su highlighted progress on the company’s semi-custom system-on-chip (SoC) business, which includes custom silicon for gaming consoles and handhelds. She specifically addressed Valve’s project amid broader commentary on AMD’s partnerships with major platform holders.

“From a product standpoint, Valve is on track to begin shipping its AMD-powered Steam Machine early this year,” Su stated in prepared remarks. She paired the update with news that development of Microsoft’s next-generation Xbox SoC is “progressing well to support a launch in 2027.”

The comments come as Valve, the Bellevue, Washington-based gaming giant behind the Steam platform and Steam Deck handheld, prepares to expand its hardware lineup. Valve first teased the revival of the Steam Machine concept in late 2025, describing it as a compact, living-room-focused gaming PC running SteamOS and optimized for couch play. Unlike the original Steam Machines launched in 2015 — which struggled with limited game compatibility and fragmented hardware partners — the new iteration builds directly on the success of the Steam Deck, leveraging SteamOS improvements and a broader library of verified titles.

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Details on the device’s specifications remain limited, but industry reports indicate it features a semi-custom AMD APU combining Zen 4 CPU architecture with RDNA 3 graphics. Valve has described the Steam Machine as significantly more powerful than the Steam Deck — potentially up to six times in certain workloads — positioning it to deliver 4K gaming at 60 frames per second in many titles when connected to a television or monitor. The system is expected to include modern connectivity options, expandable storage, and compatibility with a wide range of PC peripherals.

Su’s affirmation carries weight because AMD serves as the primary silicon supplier for the device. The company’s semi-custom division has powered every major console generation in recent years, including current Xbox and PlayStation hardware, as well as the Steam Deck. Investors and analysts closely monitor these updates for clues on production timelines and revenue implications.

Despite the positive note, key consumer details — including exact pricing, configuration options, and a firm ship date — have not been disclosed by Valve. Speculation from analysts and leaks suggests a starting price in the $700–$800 range to compete with mid-tier gaming PCs and current-generation consoles like the PlayStation 5 and Xbox Series X/S. Valve previously indicated the Steam hardware family, which may include additional devices like an updated Steam Controller or Steam Frame accessory, would ship in early 2026.

The original Steam Machines, released over a decade ago, faced challenges in a market dominated by traditional consoles and high-end PCs. Many reviewers criticized the ecosystem’s reliance on Proton compatibility layers for Windows games and the lack of exclusive titles. Valve quietly discontinued the initiative but retained lessons that informed the Steam Deck’s 2022 launch, which has sold millions of units and established SteamOS as a viable Linux-based gaming platform.

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Industry observers view the new Steam Machine as Valve’s bid to capture living-room gaming share amid rising interest in PC-handheld hybrids and cloud gaming alternatives. The device could appeal to PC gamers seeking a console-like experience without subscriptions, while leveraging Steam’s vast library and frequent sales. Its success may hinge on seamless integration with existing Steam accounts, controller support, and performance that justifies the premium over budget mini-PCs.

AMD’s semi-custom revenue is expected to decline significantly in 2026 as the current console cycle matures, Su noted during the call. However, new projects like the Steam Machine and future Xbox contributions could help offset that trend in subsequent years.

Valve has remained characteristically tight-lipped since the initial 2025 announcement, with no official updates following Su’s remarks. The company did not immediately respond to requests for comment.

For gamers and investors alike, Su’s comments reduce uncertainty around the Steam Machine’s timeline at a moment when handheld and mini-console markets continue to heat up. If Valve delivers on the early 2026 window, the device could arrive in time to influence holiday purchasing decisions later in the year or set the stage for broader Steam hardware ecosystem growth.

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Kratos Defense EVP Lund sells $484k in KTOS stock

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Homes plan thrown out for being too close to industrial park

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Planners warn development could mean ‘subsequent pressure to restrict the current and future activities of businesses’

Bellway provided a site layout for the proposed 83-home estate in Atherton

Bellway provided a site layout for the proposed 83-home estate in Atherton

Plans to develop a patch of green land into an 83-home estate have been rejected.

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Bellway Homes had proposed to build the houses on land close to Tyldesley Old Road and Douglas Road, Atherton, immediately next to the Chanters industrial estate.

The developer described its vision for the estate as ‘creating a sustainable urban extension for the area by working with the sites own features and wider landscape character’.

But planners at Wigan council have this week rejected the project, saying any future occupiers of the homes could be affected by the industrial nature of the area because of its proximity and the noise from Chanters employment park.

A planning report said: “Officers have concluded that the proposed development conflicts with policies within the local plan in that it cannot be satisfactorily delivered.

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“The applicant has failed to address these site constraints effectively through the provision of physical and green infrastructure needed.

“Furthermore, officers have concluded that if the development was delivered if would lead to subsequent pressure to restrict the current and future activities of businesses within the industrial estate.

“The proposed development would not achieve an acceptable standard of residential amenity in relation to noise.”

In a design and access statement supporting the plans, Bellway said the site area covers 8.28 acres and is bounded by ‘roads, residential and light industrial commercial buildings together with open land and woodland’.

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The report said: “The site is located within a predominantly residential area and is bounded by existing houses to the west across Douglas Road.

“The site is also bound by light industrial and commercial infrastructure to the east and south, as well as open land and woodland to the north.”

It characterised the land as being in ‘a suburban residential area’. The council received 15 objections to the application.

Among the reasons given for opposition were ‘future residents would be impacted by proximity to industrial estate’, that Douglas Road is not wide enough for proposed access and that it is too close to electricity pylons and overhead lines.

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Ward councillor Debra Wailes also objected. She said the site was a natural buffer between the houses on Douglas Road and the Chanters industrial estate and the mature tree line which supports this buffer zone would be destroyed.

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New neighbourhoods with thousands of homes planned in move to shape region ‘for generations to come’

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Council chief says ‘This is about more than just building new homes – it’s about shaping places where families can grow ‘

Illustrations showing cycle paths and new houses.

Artists’ impressions of the new developments at Elton Reservoir, Walshaw, and Simister & Bowlee(Image: Bury Council)

Details of a plan to build three new neighbourhoods in Bury with almost 6,000 homes have been revealed.

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Plans for Elton Reservoir, Walshaw and Simister Bowlee will feature three new primary schools, new health facilities, five new community centres, as well as sports pitches and playgrounds.

Formerly greenbelt land, the three areas have been allocated for housebuilding under the Places for Everyone masterplan since 2024.

Townhall bosses are due to approve draft development frameworks at a scrutiny meeting on Tuesday, February 10. Members of the public will then be invited to comment on the schemes, which will help shape the final masterplans.

Council leader Eamonn O’Brien said: “This is about more than just building new homes – it’s about shaping places where families can grow and where people have the schools, transport links, and amenities they need to thrive. Together, these developments will provide lasting benefits for Bury and the wider region for generations to come.”

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A draft map for the Elton Reservoir development. Yellow marks the new residential areas, red shows 'mixed use spaces'.

A draft map for the Elton Reservoir development. Yellow marks the new residential areas, red shows ‘mixed use spaces’(Image: Bury Council)

Elton Reservoir

Elton Reservoir, an area just half a kilometre north of Radcliffe town centre, would be turned into 3,250 new homes. Around half the site would be retained as green space around the reservoir itself.

Six new residential areas would be built to the south and south-west of the lake, with a mixture of housing types – including around 25 per cent affordable and social housing. The plans also include a new two-form primary school, with the Star Radcliffe Academy secondary school at Spring Lane already due to be completed by summer 2026.

The masterplan also includes three high street areas, which could host retail, health and/or community centres.

A draft map of the new Walshaw neighbourhood.

A draft map of the new Walshaw neighbourhood(Image: Bury Council)

Walshaw

Located between Walshaw Village and Woolfold, the agricultural area would house up to 1250 homes once the plans are approved. Around 300 of the houses would be classed as affordable – a mixture of affordable and social rent, and affordable homes to buy.

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The site will retain space for a new primary school, as well as a new playing pitch and plenty of green spaces.

The plans feature several new highways, with incorporated active travel elements such as bike lanes.

In the plans produced by Stantec on behalf of the council, a consultant writes: “This development will aid the creation of neighbourhoods for Elton and Walshaw where residents can access everyday facilities on foot, whilst staying well connected to high quality services and jobs through convenient, direct and sustainable travel links.”

The Simister / Bowlee development will feature a new highway system and affordable housing.

The Simister / Bowlee development will feature a new highway system and affordable housing(Image: Bury and Rochdale Council)

Simister/Bowlee

The Simister & Bowlee site straddles the border of Bury and Rochdale, in a wedge of land between Prestwich and Middleton. A total of 1,550 new homes are tipped for the site, with around 1,350 of them falling on the Bury side.

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The neighbourhood is intended as an extension of Atom Valley, a project to build facilities for advanced manufacturing and engineering jobs in the Northern part of Greater Manchester. The new residential area could house employees at a convenient distance from the new workplaces.

Coun Neil Emmott, leader of Rochdale council, said: “This new framework represents another important step forward for this area as part of the wider Atom Valley project, which will create thousands of highly skilled jobs and new homes in Rochdale and Bury.”

In the draft plan prepared by both local authorities, the homes would once again be a mixture of commercial and affordable housing, and come with an upgraded local highway network. Green spaces and a local centre, which could include health centres and shops, are also a part of the plan.

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Melania Trump says talks with Putin team continue to free Ukrainian kids

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Pratt engine supply doubts weigh on Airbus output goal, sources say

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Opinion: AI etiquette a matter of manners

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OPINION: No-one wants to read through a lazy offering of slop, but that’s what many AI-created reports are.

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Galaxy Digital Stock Is Tumbling on an Earnings Miss. It’s a Tale of Two Businesses.

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What Keeps CEOs Up At Night. Hint: It Isn’t AI.

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Oppenheimer Holdings: Public Markets Come Back, Driving ECM And Profits

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’Today’ show’s Savannah Guthrie pleads for safe return of missing mother

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