Create emulator in CPU/ABI in ARM, this error only exist for the Intel processor.
If you want to create AVD CPU/ABI in Intel for this process. Make sure you have instaled HAXM installer on your SDK Manager.
After you download it make sure you run the setup located in:
{SDK_FOLDER}extrasintelHardware_Accelerated_Execution_Managerintelhaxm.exe
If you get the error "VT not supported" during the installation, disable Hyper-V on windows features. You can execute this command:
dism.exe /Online /Disable-Feature:Microsoft-Hyper-V
You will also need "Virtualization Technology" to be enabled on your BIOS
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