To optimize Telemac computations, you should focus on a combination of CPU speed and the number of CPU cores. Telemac is a CPU-intensive software, so you will benefit from having a fast CPU with multiple cores. In addition, having a large amount of RAM is also important as Telemac requires a lot of memory for larger models.
Unfortunately, Telemac does not currently support GPU acceleration, so you won't benefit from buying a powerful graphics card. However, it's always a good idea to check the latest version of Telemac to see if this feature has been added.
Based on your budget and HP requirement, you could consider buying a workstation-grade PC with an Intel Xeon or AMD Ryzen Threadripper CPU with at least 12 cores and a high clock speed, along with 32-64 GB of RAM. You could also invest in a fast SSD or NVMe drive to improve the read/write speeds during model input/output operations.
It's worth noting that hardware specs are just one factor when it comes to optimizing Telemac computations. You should also make sure that you are using the latest version of the software and following best practices for model setup and optimization.