this post was submitted on 14 Mar 2025
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I think the difference here is that the market for the the Switch is known but the market that Valve created for Handheld PC Gaming isn't and it's proving be far larger than expected. It's completely possible that the market for PC Gaming handhelds is just as big as for the Switch.
There is also lot of unexplored territory for Valve with the Steam Deck including games written specifically for Linux, docks that would let you use more powerful hardware when you want to play on a big screen, and crazily enough docks for using the Deck as an actual computer. (There's already docks that turn your smartphone into a laptop, no reason that can't be done with a Deck).
Nintendo created something kind of new with the Switch but it only works with the Nintendo ecosystem. Valve took their idea and is making it work in the PC ecosystem which is ultimately much larger.