It could. If it can't give enough power for your hardware.
If you had $50 and you need a 400w PSU and you go with Thermaltake to get a 600w instead of a 430w Corsair PSU you realize it does not give correct voltages and is damaging the hardware and on top of that it's only giving 400w, so the Corsair one would have been the best choice in the first plact
. So your statement is correct