It does not work with the Intel emulator but, even if it does, it would be painfully slow. We have to make a petition to Epic Games so they provide a custom v18 version of the launcher that does not ask to update every single time you run it.
And of course an official link to download that version, now we have to download 18.10.0 from a third party website because 18.12.1 auto-updates to v19.