diff --git a/arch/x86/kernel/head64.c b/arch/x86/kernel/head64.c
index 1d6865eafe6a7..f98f5b6a06b54 100644
--- a/arch/x86/kernel/head64.c
+++ b/arch/x86/kernel/head64.c
@@ -192,6 +192,7 @@ unsigned long __head __startup_64(unsigned long physaddr,
 	 * and the address I am actually running at.
 	 */
 	load_delta = physaddr - (unsigned long)(_text - __START_KERNEL_map);
+	RIP_REL_REF(phys_base) = load_delta;
 
 	/* Is the address not 2M aligned? */
 	if (load_delta & ~PMD_MASK)
@@ -301,12 +302,6 @@ unsigned long __head __startup_64(unsigned long physaddr,
 	for (; i < PTRS_PER_PMD; i++)
 		pmd[i] &= ~_PAGE_PRESENT;
 
-	/*
-	 * Fixup phys_base - remove the memory encryption mask to obtain
-	 * the true physical address.
-	 */
-	*fixup_long(&phys_base, physaddr) += load_delta - sme_get_me_mask();
-
 	return sme_postprocess_startup(bp, pmd);
 }