Please Read: https://developer.android.com/studio/report-bugs.html#emulator-bugs

Android Studio Version: 2021.3

Emulator Version (Emulator--> Extended Controls--> Emulator Version): 31.3.13-9189900 HAXM / KVM Version: HVF 12.6.0

Android SDK Tools: 26.1.1

Host Operating System: macOS 12.6

CPU Manufacturer: Apple CPU: Apple M1 Max

RAM: 65536 MB

GPU:

Build Fingerprint:

AVD Details: Name: Pixel_3a_API_33_arm64-v8a CPU/ABI: arm64 Path: /Users/ralfeus/.android/avd/Pixel_3a_API_33_arm64-v8a.avd Target: google_apis [Google APIs] (API level 33) Skin: 1080x2220 SD Card: 800 MB AvdId: Pixel_3a_API_33_arm64-v8a PlayStore.enabled: false avd.ini.displayname: Pixel_3a_API_33_arm64-v8a avd.ini.encoding: UTF-8 disk.dataPartition.size: 2G fastboot.chosenSnapshotFile: fastboot.forceChosenSnapshotBoot: no fastboot.forceColdBoot: no fastboot.forceFastBoot: yes hw.accelerometer: yes hw.arc: false hw.audioInput: yes hw.battery: yes hw.camera.back: emulated hw.camera.front: emulated hw.cpu.ncore: 1 hw.dPad: no hw.device.hash2: MD5:0e6953ebf01bdc6b33a2f54746629c50 hw.device.manufacturer: Google hw.device.name: pixel_3a hw.gps: yes hw.gpu.enabled: yes hw.gpu.mode: auto hw.initialOrientation: Portrait hw.keyboard: yes hw.lcd.density: 440 hw.lcd.height: 2220 hw.lcd.width: 1080 hw.mainKeys: no hw.ramSize: 1536 hw.sdCard: yes hw.sensors.orientation: yes hw.sensors.proximity: yes hw.trackBall: no image.sysdir.1: system-images/android-33/google_apis/arm64-v8a/ runtime.network.latency: none runtime.network.speed: full showDeviceFrame: no skin.dynamic: yes skin.path.backup: _no_skin tag.display: Google APIs tag.id: google_apis vm.heapSize: 256

Steps to Reproduce Bug:

Start an emulator (cold or from a snapshot)
Ensure the time is correct
Sleep the host machine
Wake it up
Ensure the time at the emulator is wrong

Expected Behavior: Time matches one of host or real one from NTP server

Observed Behavior: Time is behind real one