PlayStation and Xbox have both instituted price increases and Nintendo’s Switch 2 will see a hike later this year. Valve raised the prices of its Steam Deck OLED handheld gaming consoles on Wednesday by as much as $300, the company announced, citing rising memory and storage costs, the latest in a string of price increases sweeping across the gaming hardware industry. The 512GB OLED model now costs $789, up from $549, a jump of $240. The 1TB model climbed even higher, a $300 jump from $649 to $949. Valve said the hardware itself has not changed. “These new prices reflect…