diff --git a/arch/x86/include/asm/nospec-branch.h b/arch/x86/include/asm/nospec-branch.h
index b2e34c74c138..6e2ff31584ae 100644
--- a/arch/x86/include/asm/nospec-branch.h
+++ b/arch/x86/include/asm/nospec-branch.h
@@ -307,6 +307,7 @@ static inline void indirect_branch_prediction_barrier(void)
 
 /* The Intel SPEC CTRL MSR base value cache */
 extern u64 x86_spec_ctrl_base;
+extern void write_spec_ctrl_current(u64 val);
 
 /*
  * With retpoline, we must use IBRS to restrict branch prediction
diff --git a/arch/x86/kernel/cpu/bugs.c b/arch/x86/kernel/cpu/bugs.c
index 6f5e3b21c72a..c55570a7c91a 100644
--- a/arch/x86/kernel/cpu/bugs.c
+++ b/arch/x86/kernel/cpu/bugs.c
@@ -47,11 +47,29 @@ static void __init taa_select_mitigation(void);
 static void __init mmio_select_mitigation(void);
 static void __init srbds_select_mitigation(void);
 
-/* The base value of the SPEC_CTRL MSR that always has to be preserved. */
+/* The base value of the SPEC_CTRL MSR without task-specific bits set */
 u64 x86_spec_ctrl_base;
 EXPORT_SYMBOL_GPL(x86_spec_ctrl_base);
+
+/* The current value of the SPEC_CTRL MSR with task-specific bits set */
+DEFINE_PER_CPU(u64, x86_spec_ctrl_current);
+EXPORT_SYMBOL_GPL(x86_spec_ctrl_current);
+
 static DEFINE_MUTEX(spec_ctrl_mutex);
 
+/*
+ * Keep track of the SPEC_CTRL MSR value for the current task, which may differ
+ * from x86_spec_ctrl_base due to STIBP/SSB in __speculation_ctrl_update().
+ */
+void write_spec_ctrl_current(u64 val)
+{
+	if (this_cpu_read(x86_spec_ctrl_current) == val)
+		return;
+
+	this_cpu_write(x86_spec_ctrl_current, val);
+	wrmsrl(MSR_IA32_SPEC_CTRL, val);
+}
+
 /*
  * The vendor and possibly platform specific bits which can be modified in
  * x86_spec_ctrl_base.
@@ -1177,7 +1195,7 @@ static void __init spectre_v2_select_mitigation(void)
 	if (spectre_v2_in_eibrs_mode(mode)) {
 		/* Force it so VMEXIT will restore correctly */
 		x86_spec_ctrl_base |= SPEC_CTRL_IBRS;
-		wrmsrl(MSR_IA32_SPEC_CTRL, x86_spec_ctrl_base);
+		write_spec_ctrl_current(x86_spec_ctrl_base);
 	}
 
 	switch (mode) {
@@ -1232,7 +1250,7 @@ static void __init spectre_v2_select_mitigation(void)
 
 static void update_stibp_msr(void * __unused)
 {
-	wrmsrl(MSR_IA32_SPEC_CTRL, x86_spec_ctrl_base);
+	write_spec_ctrl_current(x86_spec_ctrl_base);
 }
 
 /* Update x86_spec_ctrl_base in case SMT state changed. */
@@ -1475,7 +1493,7 @@ static enum ssb_mitigation __init __ssb_select_mitigation(void)
 			x86_amd_ssb_disable();
 		} else {
 			x86_spec_ctrl_base |= SPEC_CTRL_SSBD;
-			wrmsrl(MSR_IA32_SPEC_CTRL, x86_spec_ctrl_base);
+			write_spec_ctrl_current(x86_spec_ctrl_base);
 		}
 	}
 
@@ -1680,7 +1698,7 @@ int arch_prctl_spec_ctrl_get(struct task_struct *task, unsigned long which)
 void x86_spec_ctrl_setup_ap(void)
 {
 	if (boot_cpu_has(X86_FEATURE_MSR_SPEC_CTRL))
-		wrmsrl(MSR_IA32_SPEC_CTRL, x86_spec_ctrl_base);
+		write_spec_ctrl_current(x86_spec_ctrl_base);
 
 	if (ssb_mode == SPEC_STORE_BYPASS_DISABLE)
 		x86_amd_ssb_disable();
diff --git a/arch/x86/kernel/process.c b/arch/x86/kernel/process.c
index cd138bfd926c..d697ccbf0cd2 100644
--- a/arch/x86/kernel/process.c
+++ b/arch/x86/kernel/process.c
@@ -434,7 +434,7 @@ static __always_inline void __speculation_ctrl_update(unsigned long tifp,
 	}
 
 	if (updmsr)
-		wrmsrl(MSR_IA32_SPEC_CTRL, msr);
+		write_spec_ctrl_current(msr);
 }
 
 static unsigned long speculation_ctrl_update_tif(struct task_struct *tsk)