Steam's 42M Peak Upends Console Rivalry as Valve Bets on Steam Machine
TL;DR Summary
Steam hit a new all-time concurrent-player high of over 42 million, underscoring booming PC gaming and intensifying competition for Microsoft and Sony. Valve also plans to revive the Steam Machine, a Linux-based console-style device, which could erode Xbox and PlayStation market share by bringing more players into Steam. In markets, MSFT and SONY stocks dipped after the news, with analysts showing MSFT as a stronger-rated stock but Sony offering higher upside.
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