Will the steam deck throttle?

The short answer is no, Steam Deck does not throttle. The slightly longer answer is: no, but you can limit yourself if you really want to.

Given the size of the Steam deck, you’d be forgiven for thinking the APU’s cores would throttle when things got bad. After all, many users will see thermal or battery life throttling in high-performance laptops, where the CPU and GPU can be deliberately reserved to help cool the laptop itself.