I mean, generate multiple wallets, using the same hardware.

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For what purpose?

So as not to store everything in a single wallet. I’m basically wondering if people don’t wish to store all in a single wallet, do they “re-use” the same hardware to generate another seed phrase, or do they buy another hardware for that secondary wallet?

A fine approach if you have the skills and means to safely back up and secure multiple seeds. For the majority though, KISS applies. Especially when you consider I heritance!