[Android SDK] CPU acceleration status: HAXM is not installed on this machine

When launching an AVD with hardware acceleration one may get following message:

CPU acceleration status: HAXM is not installed on this machine

even if the respective tool is shown as installed already in Android SDK Manager.

The fix for this error is to run the intelhaxm-android.exe file in the "extras\intel\Hardware_Accelerated_Execution_Manager" directory under Android SDK to finish installation.