Sure, but even for small highlights where you're going to be hitting HDR peaks past 1000 nits or so you're still getting into painfully bright territory when viewing it indoors under normal conditions. Does anyone actually want specular highlights in outdoor scenes to be literally difficult to look at directly as if they were real 10,000+ nits reflections of sunlight?

I understand pushing 2000 or even 3000 nits on mobile device displays though. Sometimes there's a need to compete with direct sunlight when viewing outdoors.

Partially HDR but also full field SDR brightness. They're a lot dimmer than competing LCD screens (approx 250 nits at 100% brightness).