diff --git a/hw/i386/x86.c b/hw/i386/x86.c
index 3d1bdd334e..505f64f89c 100644
--- a/hw/i386/x86.c
+++ b/hw/i386/x86.c
@@ -520,10 +520,10 @@ static void x86_nmi(NMIState *n, int cpu_index, Error **errp)
     CPU_FOREACH(cs) {
         X86CPU *cpu = X86_CPU(cs);
 
-        if (!cpu->apic_state) {
-            cpu_interrupt(cs, CPU_INTERRUPT_NMI);
-        } else {
+        if (cpu->apic_state) {
             apic_deliver_nmi(cpu->apic_state);
+        } else {
+            cpu_interrupt(cs, CPU_INTERRUPT_NMI);
         }
     }
 }