To put a coda on this discussion, I spent an hour with Gemini as an EE professor, explaining the fine points of digital streamer design. It confirmed the primary of clock and PSU, but also mentioned another variable.
FLAC is a lossless but still digitally compressed file that has to be converted to PCM and the quality of that conversion depends on both hardware and software. The lower tier of streamers use off the shelf computer versions, while higher end ones use specific chips and in-house specialized software to do the most bit perfect translation.
Apparently few audiophiles are curious about the technology underlying digital sound. We'll go on for hours about tube types, but chips and software are somehow uninteresting. Personally, I find all aspects of audio technology fascinating.