Nintendo Switch has a new rival! Valve announces Steam Deck, an AMD-powered handheld gaming PC

Valve dabbled in the VR space with its ultra-pricey HTC Vive Pro and Valve Index headsets, but now the gaming giant is ready to dip its toes in a new pond: the handheld-gaming market.

Valve, the developers behind Steam, just announced Steam Deck, an AMD-powered, portable gaming PC that can run the latest triple-A games. The handheld console is a Nintendo Switch competitor and costs less than $400.

Valve announces a new $399 Nintendo Switch competitor

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