Will the Quick Start Method also work with Authenticator Apps, such as Steam, Blizzard and Microsoft?

Good Evening,

my question is in the title. I want to upgrade my device soon and I am using the mentioned 2FA Apps.

I read that those are often (and logically/rightfully so) tied to the hardware. Will it work to migrate those Apps to the new device? What happens when both devices have the Apps at the same time, will they both work as 2FA? My plan is to reset the old device and give it to my parents.

Thank you for taking your time to read and hopefully answer my question.

Greetings