The emulator always checks for sufficient free disk space on startup, and will not start unless at least 2 GB is free. If this does not clear up the issue for you please consider that your problem is not caused by the version of the SDK in the emulator, but by the amount of RAM. Make sure you have adequate free disk space Try reinstalling the HAXM driver by applying the above steps. HAXM issues generally are the result of conflicts with other virtualization technologies or an out-of-date HAXM driver. If that’s not the case, make sure you have HAXM installer on your SDK Manager. If the Android Emulator does not start properly, this problem is often related to discovering that your application’s minimum SDK is higher than your emulator SDK. Now, just follow the installation instructions.So, you need to run the setup located in extrasintelHardware_Accelerated_Execution_Managerintelhaxm.exe

Even if the SDK manager says Installed it actually means that the Intel HAXM executable was downloaded.

The SDK Manager will download the installer to the extras directory, under the main SDK directory.

Review the Intel Corporation license agreement and accept the terms.

Under Extras, check the box next to Intel x86 Emulator Accelerator (HAXM).Home › Fix › Unable to launch Android Studio Emulator? Try this

Android studio emulator not showing