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Typically does not affect activation. Reinstall Windows and it should activate automatically based on the motherboard ID.

: If you reinstall Windows on the same machine, Microsoft recognizes the hardware and activates the system automatically as soon as you connect to the internet. windows-10-digital-license-ultimate-1-6

Are you planning to to a new computer or just reinstalling Windows on your current one? Typically does not affect activation

A Windows 10 (also known as a digital entitlement) is an activation method that links your Windows license directly to your PC’s hardware ID (HWID) , specifically the motherboard, instead of requiring a 25-character product key for every reinstallation. How Digital Licensing Works specifically the motherboard

Use the Activation Troubleshooter. Select and sign in to your Microsoft account. SSD/Hard Drive Swap