Ya, that's exactly correct. :)
Annoying t hing right now is that you have to pony up for the fancy nvidia cards plus insane nvidia licensing for their multiGPU virtualized cards. AMD at least makes you only pay for the hardware but its still super pricey.
Both VMs are actually based on Windows (one simply doesn't have explorer.exe running) and each has it's own virtual GPU attached.
This laptop has a Nvidia graphics processor inside but it also works with laptops that have an Xe Intel graphics processor. I'm hoping at some point it will work well on AMD too.
Some GPU-enabled applications require an X server with a physical HDMI/Displayport attached.