The original hardware doesn't exist on the target system.
Taking a famous example out of many others I could have reached for,
> Emulation had been around for a while as a concept, but FX!32 went one stage further. It analyzed the way programs worked and, after the program ran, used binary translation to produce dynamic-link library (DLL) files of native Alpha code that the application could execute the next time it ran. This way even in the early 1.0 release, the FX!32 achieved speeds for Win32 x86 applications that ran 40-50% as fast as native x86 code, with a 70% speed projected as likely with improved optimization. Version 1.5, released by Compaq in 1999, added support for the Alpha 21264 (EV6) CPU, including emulation of Intel's MMX instruction set.
https://github.com/jessicanataliagta/PSPRecomp/blob/main/src...
https://github.com/jessicanataliagta/PSPRecomp/blob/main/pro...