Apple iMac 24" Retina 4.5K Display with M4 chip 8-core GPU 16GB 256GB - External Displays

Hello

I have just bought an Apple iMac 24" Retina 4.5K Display with M4 chip 8-core GPU 16GB 256GB.

I had previously effectively connected two External Displays to my MacBook Pro.

I seem to be able to connect only one External Display to my new iMac 24" Retina 4.5K Display with M4 chip 8-core GPU 16GB 256GB.

I’ve done some research, and it appears that the 10 Core and above support two External Displays while the 8 Core only supports one.

Am I correct?