diff --git a/arch/x86/kvm/svm/svm.c b/arch/x86/kvm/svm/svm.c
index 91352d69284524..6ffadbd5774472 100644
--- a/arch/x86/kvm/svm/svm.c
+++ b/arch/x86/kvm/svm/svm.c
@@ -3895,8 +3895,14 @@ static int svm_vcpu_pre_run(struct kvm_vcpu *vcpu)
 
 static fastpath_t svm_exit_handlers_fastpath(struct kvm_vcpu *vcpu)
 {
-	if (to_svm(vcpu)->vmcb->control.exit_code == SVM_EXIT_MSR &&
-	    to_svm(vcpu)->vmcb->control.exit_info_1)
+	struct vmcb_control_area *control = &to_svm(vcpu)->vmcb->control;
+
+	/*
+	 * Note, the next RIP must be provided as SRCU isn't held, i.e. KVM
+	 * can't read guest memory (dereference memslots) to decode the WRMSR.
+	 */
+	if (control->exit_code == SVM_EXIT_MSR && control->exit_info_1 &&
+	    nrips && control->next_rip)
 		return handle_fastpath_set_msr_irqoff(vcpu);
 
 	return EXIT_FASTPATH_NONE;