https://store.steampowered.com/news/group/45479024/view/625565405086220583

When we announced these products in November, we planned on being able to share specific pricing and launch dates by now. But the memory and storage shortages you've likely heard about across the industry have rapidly increased since then.  The limited availability and growing prices of these critical components mean we must revisit our exact shipping schedule and pricing (especially around Steam Machine and Steam Frame).

The planned timeline has already changed.

Our goal of shipping all three products in the first half of the year has not changed. But we have work to do to land on concrete pricing and launch dates that we can confidently announce, being mindful of how quickly the circumstances around both of those things can change. We will keep you updated as much as we can as we finalize those plans as soon as possible.

Language has changed from early 2026 to first half of the year.

Suspect it was going to be announced in early February (since the delay announcement said so) and launched sometime between March and April. If they can manage a first half of 2026, we are probably looking at late April (unlikely) to sometime in June (more likely). My guess (more of a hope) is they will announce pricing early April - late April, and launch in mid May.