Not if Windows 10 detected that you have "major" hardware changes. In which case, your new installation won't be activated (granted, Microsoft doesn't enforce activation on). You may need to extract the license key from UEFI and type it in manually to get activation to work. It's a hassle.
Unlike in the past, when all you had to do was call in and recite your license key, these days their policy is to accept nothing else but a proof of purchase, which in my case was from almost 10 years prior. Luckily enough, I had it archived.
The newer version (version 1511 and above) of Windows 10's digital licenses are essential a private key (as in asymmetric cryptography, called digital entitlement, stored in UEFI), as opposed to the a 25-character product key we used before. If for whatever reason the activation program cannot find that key, it won't be activated.
> which in my case was from almost 10 years prior. Luckily enough, I had it archived.
If you bought your Windows license online with a Gmail address, Google has you covered. https://myaccount.google.com/purchases