NMI watchdog: BUG: soft lockup

SUSE Linux Enterprise Server SLES Virtualization
1

I am facing an issue, which is NMI watchdog: BUG: soft lockup. The system hangs up and can not be reached via any terminal and ping command.
The issue happens in a virtual machine.
Host CPU information is below

# lscpu
Architecture:          x86_64
CPU op-mode(s):        32-bit, 64-bit
Byte Order:            Little Endian
CPU(s):                160
On-line CPU(s) list:   0-159
Thread(s) per core:    2
Core(s) per socket:    10
Socket(s):             8
NUMA node(s):          8
Vendor ID:             GenuineIntel
CPU family:            6
Model:                 47
Stepping:              2
CPU MHz:               1064.000
BogoMIPS:              4800.28
Virtualization:        VT-x
L1d cache:             32K
L1i cache:             32K
L2 cache:              256K
L3 cache:              30720K
NUMA node0 CPU(s):     1-10,41-50
NUMA node1 CPU(s):     11-20,51-60
NUMA node2 CPU(s):     21-30,61-70
NUMA node3 CPU(s):     31-40,71-80
NUMA node4 CPU(s):     0,81-89,120-129
NUMA node5 CPU(s):     90-99,130-139
NUMA node6 CPU(s):     100-109,140-149
NUMA node7 CPU(s):     110-119,150-159

Host virtual machine information is below.

# virt-manager --version
0.9.4

Host OS information is below

# uname -r
3.0.101-0.47.79-default
# cat /etc/SuSE-release
SUSE Linux Enterprise Server 11 (x86_64)
VERSION = 11
PATCHLEVEL = 3

Guest CPU information is below. In virt-manager, I selected “Copy host CPU configuration”.
> # lscpu

    Architecture:        x86_64
    CPU op-mode(s):      32-bit, 64-bit
    Byte Order:          Little Endian
    Address sizes:       42 bits physical, 48 bits virtual
    CPU(s):              4
    On-line CPU(s) list: 0-3
    Thread(s) per core:  1
    Core(s) per socket:  1
    Socket(s):           4
    NUMA node(s):        1
    Vendor ID:           GenuineIntel
    CPU family:          6
    Model:               2
    Model name:          QEMU Virtual CPU version 1.4.2
    Stepping:            3
    CPU MHz:             2400.084
    BogoMIPS:            4800.16
    Hypervisor vendor:   KVM
    Virtualization type: full
    L1d cache:           32K
    L1i cache:           32K
    L2 cache:            4096K
    NUMA node0 CPU(s):   0-3
    Flags:               fpu de pse tsc msr pae mce cx8 apic sep mtrr pge mca cmov pse36 clflush mmx fxsr sse sse2 syscall nx lm rep_good nopl cpuid tsc_known_freq pni cx16 popcnt hypervisor lahf_lm pti

Guest OS information

# uname -r
4.12.14-197.37-default
# lsb-release -a
LSB Version:    n/a
Distributor ID: SUSE
Description:    SUSE Linux Enterprise Server 15 SP1
Release:        15.1
Codename:       n/a

I checked below informatin in guest system.

# cat /proc/sys/kernel/tainted
0
# cat /proc/sys/kernel/watchdog
1
# cat /proc/sys/kernel/watchdog_thresh
10
# cat /proc/sys/kernel/nmi_watchdog
0
# cat /proc/sys/kernel/soft_watchdog
1
# cat /proc/sys/kernel/softlockup_panic
0
# cat /proc/sys/kernel/unknown_nmi_panic
0

And I did below update in guest system.

# echo 0 > /proc/sys/kernel/watchdog
# echo 0 > /proc/sys/kernel/soft_watchdog
# echo 20 > /proc/sys/kernel/watchdog_thresh

The issue is still there and the challenge is that host OS can not be upgraded to higher SLES version. Could you please advise if any solutions.