VMHDX = M right?

Hi,

I have an Epson SureColor P8000

In my starter set from Inkjet Mall I received a bottle of HDX Vivid Magenta (VMHDX), and a chip that is labeled “M”
Meanwhile, the machine has a slot labeled VM.

I assume M chip goes with VMHDX ink and is inserted into slot VM. Just want to check that that is correct.
Thanks!

That is correct,

All the best,

Walker