diff --git a/arch/x86/kvm/svm.c b/arch/x86/kvm/svm.c
index 73e27a98456f..6276140044d0 100644
--- a/arch/x86/kvm/svm.c
+++ b/arch/x86/kvm/svm.c
@@ -5586,8 +5586,6 @@ static void svm_vcpu_run(struct kvm_vcpu *vcpu)
 
 	clgi();
 
-	local_irq_enable();
-
 	/*
 	 * If this vCPU has touched SPEC_CTRL, restore the guest's value if
 	 * it's non-zero. Since vmentry is serialising on affected CPUs, there
@@ -5596,6 +5594,8 @@ static void svm_vcpu_run(struct kvm_vcpu *vcpu)
 	 */
 	x86_spec_ctrl_set_guest(svm->spec_ctrl, svm->virt_spec_ctrl);
 
+	local_irq_enable();
+
 	asm volatile (
 		"push %%" _ASM_BP "; \n\t"
 		"mov %c[rbx](%[svm]), %%" _ASM_BX " \n\t"
@@ -5718,12 +5718,12 @@ static void svm_vcpu_run(struct kvm_vcpu *vcpu)
 	if (unlikely(!msr_write_intercepted(vcpu, MSR_IA32_SPEC_CTRL)))
 		svm->spec_ctrl = native_read_msr(MSR_IA32_SPEC_CTRL);
 
-	x86_spec_ctrl_restore_host(svm->spec_ctrl, svm->virt_spec_ctrl);
-
 	reload_tss(vcpu);
 
 	local_irq_disable();
 
+	x86_spec_ctrl_restore_host(svm->spec_ctrl, svm->virt_spec_ctrl);
+
 	vcpu->arch.cr2 = svm->vmcb->save.cr2;
 	vcpu->arch.regs[VCPU_REGS_RAX] = svm->vmcb->save.rax;
 	vcpu->arch.regs[VCPU_REGS_RSP] = svm->vmcb->save.rsp;