diff --git a/arch/x86/kvm/svm/svm.c b/arch/x86/kvm/svm/svm.c
index 3c477a7ad5625..e65755d6c247c 100644
--- a/arch/x86/kvm/svm/svm.c
+++ b/arch/x86/kvm/svm/svm.c
@@ -303,7 +303,11 @@ int svm_set_efer(struct kvm_vcpu *vcpu, u64 efer)
 				return ret;
 			}
 
-			if (svm_gp_erratum_intercept)
+			/*
+			 * Never intercept #GP for SEV guests, KVM can't
+			 * decrypt guest memory to workaround the erratum.
+			 */
+			if (svm_gp_erratum_intercept && !sev_guest(vcpu->kvm))
 				set_exception_intercept(svm, GP_VECTOR);
 		}
 	}
@@ -1176,9 +1180,10 @@ static void init_vmcb(struct kvm_vcpu *vcpu)
 	 * Guest access to VMware backdoor ports could legitimately
 	 * trigger #GP because of TSS I/O permission bitmap.
 	 * We intercept those #GP and allow access to them anyway
-	 * as VMware does.
+	 * as VMware does.  Don't intercept #GP for SEV guests as KVM can't
+	 * decrypt guest memory to decode the faulting instruction.
 	 */
-	if (enable_vmware_backdoor)
+	if (enable_vmware_backdoor && !sev_guest(vcpu->kvm))
 		set_exception_intercept(svm, GP_VECTOR);
 
 	svm_set_intercept(svm, INTERCEPT_INTR);