not necessarily, depends on the embodied emissions in the replacement gear. It is also surprisingly hard to get any information on those. I tried seeing if there were estimates of the kg co2 in a modern CPU chip but I found nada
I wonder if that could just be extrapolated from cost to make silicon wafer of required grade. Surely the amount of chemicals and power used would be similar per mm2 of silicon processed, regardless of whether it is big CPU or a bunch of smaller chips.
Sure the machines will be more expensive but they are amortized over decades of production