Knowing that you’ve tested it in both different systems and get the same results shows that is probably a compatibility issue or hardware setup, could also be missing drivers.
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Have you tried updating your OS and GPU Drivers?
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Have you tried switching between DirectX 11, DirectX12 and Vulkan? Make sure your hardware supports DX12 or Vulkan
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Have you tried Lowering the graphics settings even further, disabling Nanite and Lumen?
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Even though your system have enough RAM it could be that you’re running out of virtual memory, Try increasing it.
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If your Disk drive is almost at full capacity, it can cause Unreal to crash since it won’t find space for cache and temporary files.
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Are you doing your tests on a fresh new project? If not some files could be corrupted from the other project.
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Try using an older version of Unreal since newer versions may have more bugs
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Disable antivirus. Sometimes real time protection software can cause crashes during asset import
Let me know if any of these helps.