whaddaya know - plugged in my usb-c to DP cable to one of the usb-c ports and my dell finally works in RGB mode and 155hz. Only took a $2500+ computer to do it!
Inside the display panel of Monterey 12.0.1 the dell external monitor has option of 40hz - 155hz VARIABLE (vrr) - I guess the apple hardware knows it is an AMD G-Sync compatible monitor with LFC. Nice to finally have compatible hardware unlike my m1 Mac mini which doesn't fully support it
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