diff --git a/hw/block/m25p80.c b/hw/block/m25p80.c
index bad7253838..7e1d56442f 100644
--- a/hw/block/m25p80.c
+++ b/hw/block/m25p80.c
@@ -768,7 +768,7 @@ static void reset_memory(Flash *s)
         s->volatile_cfg |= VCFG_DUMMY;
         s->volatile_cfg |= VCFG_WRAP_SEQUENTIAL;
         if ((s->nonvolatile_cfg & NVCFG_XIP_MODE_MASK)
-                                != NVCFG_XIP_MODE_DISABLED) {
+                                == NVCFG_XIP_MODE_DISABLED) {
             s->volatile_cfg |= VCFG_XIP_MODE_DISABLED;
         }
         s->volatile_cfg |= deposit32(s->volatile_cfg,