Based on the guest OS you want to run inside the VM, make sure you have selected the best possible virtual hardware. VMware optimizes the default VM templates, so you should stick with them.

Based on the OS family and the guest OS version, the wizard will automatically choose the best set of components for the VM.

With every new vSphere version, several improvements and features are available. vSphere 6.7 uses virtual hardware 14, and for example, a persistent memory device is available for the VMs.