AIX and CPUE vs cores

I get the following:

# lparstat -i
Node Name                                  : p8d
Partition Name                             : AIX
Partition Number                           : 2
Type                                       : Dedicated-SMT-4
Mode                                       : Capped
Entitled Capacity                          : 8.00
Partition Group-ID                         : 32770
Shared Pool ID                             : -
Online Virtual CPUs                        : 8
Maximum Virtual CPUs                       : 8
Minimum Virtual CPUs                       : 8

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In this context can I assume there is one processor and 8 cores?

Thanks