In the leaked info, we know that Valve has an upcoming device that will use the same APU as the current Steam Deck. We don’t know if this will be a new VR headset or a Steam Deck hardware refresh. Even though using the same APU means there won’t be a performance increase, there could be various other improvements in an upgraded Deck like a better screen, etc. What would you like to see in a partial hardware upgrade?
Strip it down and make a Steam Machine out of it. Valve could likely sell a tiny set top box for under $100.
The motherboard alone supposedly costs Valve somewhere around $270, so even with them selling the hardware at a loss I don’t think there’s any chance of getting a set top box for $100.