diff --git a/arch/x86/include/asm/mem_encrypt.h b/arch/x86/include/asm/mem_encrypt.h
index 616f8e637bc3..b51ac6eed904 100644
--- a/arch/x86/include/asm/mem_encrypt.h
+++ b/arch/x86/include/asm/mem_encrypt.h
@@ -80,6 +80,8 @@ early_set_memory_decrypted(unsigned long vaddr, unsigned long size) { return 0;
 static inline int __init
 early_set_memory_encrypted(unsigned long vaddr, unsigned long size) { return 0; }
 
+static inline void mem_encrypt_init(void) { }
+
 #define __bss_decrypted
 
 #endif	/* CONFIG_AMD_MEM_ENCRYPT */
diff --git a/arch/x86/kernel/cpu/common.c b/arch/x86/kernel/cpu/common.c
index 4cfa50c74170..a34dcfc7825b 100644
--- a/arch/x86/kernel/cpu/common.c
+++ b/arch/x86/kernel/cpu/common.c
@@ -17,6 +17,7 @@
 #include <linux/init.h>
 #include <linux/kprobes.h>
 #include <linux/kgdb.h>
+#include <linux/mem_encrypt.h>
 #include <linux/smp.h>
 #include <linux/cpu.h>
 #include <linux/io.h>
@@ -2151,4 +2152,14 @@ void __init arch_cpu_finalize_init(void)
 	} else {
 		fpu__init_check_bugs();
 	}
+
+	/*
+	 * This needs to be called before any devices perform DMA
+	 * operations that might use the SWIOTLB bounce buffers. It will
+	 * mark the bounce buffers as decrypted so that their usage will
+	 * not cause "plain-text" data to be decrypted when accessed. It
+	 * must be called after late_time_init() so that Hyper-V x86/x64
+	 * hypercalls work when the SWIOTLB bounce buffers are decrypted.
+	 */
+	mem_encrypt_init();
 }
diff --git a/init/main.c b/init/main.c
index 2d5629787ea1..08c312abbaf1 100644
--- a/init/main.c
+++ b/init/main.c
@@ -91,7 +91,6 @@
 #include <linux/cache.h>
 #include <linux/rodata_test.h>
 #include <linux/jump_label.h>
-#include <linux/mem_encrypt.h>
 
 #include <asm/io.h>
 #include <asm/setup.h>
@@ -492,8 +491,6 @@ void __init __weak thread_stack_cache_init(void)
 }
 #endif
 
-void __init __weak mem_encrypt_init(void) { }
-
 bool initcall_debug;
 core_param(initcall_debug, initcall_debug, bool, 0644);
 
@@ -673,14 +670,6 @@ asmlinkage __visible void __init start_kernel(void)
 	 */
 	locking_selftest();
 
-	/*
-	 * This needs to be called before any devices perform DMA
-	 * operations that might use the SWIOTLB bounce buffers. It will
-	 * mark the bounce buffers as decrypted so that their usage will
-	 * not cause "plain-text" data to be decrypted when accessed.
-	 */
-	mem_encrypt_init();
-
 #ifdef CONFIG_BLK_DEV_INITRD
 	if (initrd_start && !initrd_below_start_ok &&
 	    page_to_pfn(virt_to_page((void *)initrd_start)) < min_low_pfn) {