Valve’s Steam Machine announcement had sent the company’s fans into a tizzy as they eagerly awaited a Steam console/PC hybrid to enjoy their entire library on their TV. Valve marketed the Steam Machine as a PC six times more powerful than the Steam Deck, providing the SteamOS experience at 4K 60 FPS, although its internals cast heavy doubts on that claim. While Valve essentially created the PC handheld market with the excellent Steam Deck, the Steam Machine seems less like a slam dunk. Its launch is still a ways away, but considering what we know about it, and how the PC hardware market has transformed in the last six months, all signs point to the Steam Machine being dead on arrival. Valve is trying to create a new market, but the delay in the Steam Machine’s launch might be the biggest reason it loses out on that very market.