ADB.exe is obsolete and has serious performance problems

Question

I am using Windows 10 and when I launch the Virtual Device Emulator in Android Studio I keep getting the message which reads:

\"The ADB binary at C:\

Answer 1

If you are stuck after following each of the steps outlined in above, I will suggest you combine more than one answers. The answers of @Kuya and @褚阳光 worked for me. Try them out. I can explain more if the steps are yielding results for you.