diff --git a/target/m68k/op_helper.c b/target/m68k/op_helper.c
index 4b3dfec130..a96a034050 100644
--- a/target/m68k/op_helper.c
+++ b/target/m68k/op_helper.c
@@ -203,8 +203,7 @@ static void cf_interrupt_all(CPUM68KState *env, int is_hw)
             cf_rte(env);
             return;
         case EXCP_HALT_INSN:
-            if (semihosting_enabled(false)
-                    && (env->sr & SR_S) != 0
+            if (semihosting_enabled((env->sr & SR_S) == 0)
                     && (env->pc & 3) == 0
                     && cpu_lduw_code(env, env->pc - 4) == 0x4e71
                     && cpu_ldl_code(env, env->pc) == 0x4e7bf000) {