magento2.3 – Sever Suggestion Setup

Hello where trying to build magento 2 website from shopify 10k sku

It is better to use a dedicated server with Intel Xeon E5-1650V3 64GB ram with 512 SSD Drive(Datacenter)
Or Use Cloud Hosting with a setup of

2 Frontend Server with 1 Backend Server , 1 Server for Redis , 1 Server for Elasticsearch , 2 Server for Database

Looking forward for your help