DAC chips are pretty well refined in 2026 , it is their implementation but more importantly the analog stage that makes a DAC sound good.
Can a off the shelf DAC, if engineered/implemented good, sound as good as a custom DAC?
I heard 2 conflicting rules for DAC chips:
1) It's not so much about the DAC chip, but how well it is implemented
2) Custom DAC chips will beat off the shelf DAC (ie ESS) chips anyday
So my question is... if for instance, the all in one DAC streamer Sim Audio Moon 891 which uses a ESS DAC chip... can it sound as good a Grimm Audio MU2, Lumin X2, or M3I which all have custom in house dacs?