I have M1 Max Macbook Pro and two monitors daisy chained. Mbook -> OWC TB4 hub -> BenQ 3220U -> TB to DP => Dell 2718Q

-> are TB cables => is DP (Display Port)

OWC hub is optional, scheme works without it the same. I use the hub to connect also external 10G network and a card reader.

NB: not an advice to buy BenQ PD3220U, see this: https://www.reddit.com/r/BenQ/comments/qsmvn2/pd3220u_kvm_bu... No solution so far. BenQ thinks it's the Apple bug, Apple probably thinks something, but doesn't tell.