We’re still waiting to hear exactly when the Steam Machine release date is. Announced in November last year, Valve simply gave us an “early 2026” release window to look forward to. Now that we’re working our way through February, the radio silence is starting to become a little worrying. However, even if Valve isn’t saying anything, AMD just did.

If you didn’t already know, much like the Steam Deck, AMD has provided a semi-custom APU for the upcoming Steam Machine. The cubed mini PC will be powered by a 6-core, 12-thread Zen 4 CPU and an RDNA3 GPU with 28 Compute Units and 110W TDP. In AMD’s Q4 2025 earnings call on February 3, CEO Lisa Su says Valve is “on track” to begin shipping.

AMD says Steam Machine is on track in its annual earnings call

As AMD reports its Q4 2025 results (along with full-year results), we can review the earnings call transcript for a quick update on AMD-powered hardware. Steam Machine is, of course, a part of this discussion. Lisa Su highlights the launch of the Ryzen AI Halo (Strix Halo) platform, which powers high-end handhelds such as the GPD Win 5.

“For 2026, we expect semi-custom SoC annual revenue to decline by a significant double-digit percentage as we enter the seventh year of what has been a very strong console cycle. From a product standpoint, Valve is on track to begin shipping its AMD-powered steam machine early this year.

AMD CEO Lisa Su, Q4 2025 earnings call (transcript)

She reveals gaming revenue “increase 50% year over year to $843 million,” while semi-custom SoC revenue is expected to decline in 2026 after entering a seventh year of “a very strong console cycle” – AMD chips are used in the latest Xbox and PlayStation consoles, while Nintendo opts for Nvidia with its Switch consoles.

About the Author

Jack Goodall

At PC Guide, Jack is mostly responsible for reporting on hardware deals. He also specializes in monitors, TVs, and headsets and can be found putting his findings together in a review or best-of guide.