its new Project Helix is ​​a direct torpedo to Valve’s Steam Machine

Microsoft has revealed the code name of its next-generation console, a hybrid system between console and PC that will be able to run games from both ecosystems. Project Helix arrives at a turbulent time for the industry: global RAM memory crisis, Valve fighting to launch its own Steam Machine and PlayStation rethinking its presence on PC.

Helix Project. Asha Sharma, new CEO of Xboxhas announced that the next Microsoft console receives the internal name of Project Helix. Sharma assured that the device will be a leader in performance and will allow you to play both Xbox and PC titles, thus confirming the rumors that have been circulating for months about hardware that blurs the line between both platforms. The next Game Developers Conference, between March 9 and 13, will be the scene of the first conversations with partners and developers.

What does it have? Beyond Sharma’s statements we can scratch some more information: the heart of the system is a semi-custom SoC from AMD whose internal code name is Magnus. According to AMD CEO Lisa Su, during the presentation of fourth quarter results As of 2025, development of the chip is progressing well to support a 2027 launch. Leaks point to a combination of Zen 6 CPU cores and an RDNA 5-based GPU, with up to 48GB of GDDR7 memory. These are specifications that, if the estimates so far are correct, would exceed those of the future. PlayStation 6.

How it works. The device will essentially function as a gaming PC whose main interface will be the Xbox Full Screen Experience, already released on the ASUS Xbox Ally laptop. From this interface, designed to replicate the simplicity of a console, the user can choose to jump to the Windows 11 desktop and install Steam, Epic Games Store, GOG, Battle.net or any other software from the Microsoft ecosystem.

PCs of a lifetime. That Xbox is a PC at its core is not a new idea. The original 2001 console already had an Intel Pentium III and an Nvidia GPU, a configuration much closer to the computer world than to the proprietary chip that defined Sony or Nintendo consoles at that time. All subsequent generations have maintained the x86 architecture, and both Xbox One as Xbox Series X They use AMD SoC with architecture shared with Ryzen and Radeon. What changes with Helix is ​​the software layer: where before the operating system was a closed environment, now there is a complete Windows under the shell.

Listen, Valve. The comparison with this console that immediately comes to mind is Valve’s Steam Machine, announced in November as a compact desktop PC powered by SteamOS, the Linux-based operating system that already powers the Steam Deck. Valve works in the opposite direction than Helix: part of the Steam catalog, it works on Linux and offers the possibility of installing Windows as a secondary option. The destiny of both machines is the same: to dynamite the boundaries between console and desktop PC.

Valve suffers. The Steam Machine is going through its own ordeals. Valve announced in February a delay in its release schedule (originally, first quarter of the year) and the need to review the price, citing the global shortage of memory and storage as the cause. The analysts They project a price of between $400 and $500 as the optimal range, although the most recent estimates raise the range above $750, a territory that distances it from direct competition with Sony and Microsoft consoles. Valve, which has ruled out selling hardware at a loss, is at the mercy of the components market.

The memory crisis Due to the demands of the AIs, it is the great backdrop of this battle. Samsung, SK Hynix and Micron have turned their production lines towards high-margin HBM memory consumed by artificial intelligence data centers, leaving DRAM and NAND Flash destined for the consumer market in the background. The consequences are already being felt: manufacturers such as Lenovo, Dell, HP and ASUS have warned of increases of between 15% and 20% in the price of their equipment for this year.

Exclusive worlds. The franchises that for decades defined Xbox’s identity have begun to come to PlayStation, a decision that Sharma herself has acknowledged wanting to review. Meanwhile, Sony abandons publishing games on PCwith the intention of reinforcing the attractiveness of its exclusives. But Xbox is betting on the opposite. It seems clear that Sharma (who has no experience in the video game industry) does not conceive Helix as a traditional console, but as a platform whose success will depend on alliances with digital stores and the integration of services such as Game Pass.

In Xataka | There is brutal competition for our attention. And there is someone losing that battle in a bloody way: the consoles

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