diff --git a/drivers/net/ethernet/mellanox/mlx5/core/en.h b/drivers/net/ethernet/mellanox/mlx5/core/en.h
index 9c8427698238feffc4e2a2d654a12331005a7177..fc80b59db9a8d837fb84fe5c8f38c3483ab2f68c 100644
--- a/drivers/net/ethernet/mellanox/mlx5/core/en.h
+++ b/drivers/net/ethernet/mellanox/mlx5/core/en.h
@@ -135,7 +135,7 @@ struct page_pool;
 #define MLX5E_LOG_INDIR_RQT_SIZE       0x7
 #define MLX5E_INDIR_RQT_SIZE           BIT(MLX5E_LOG_INDIR_RQT_SIZE)
 #define MLX5E_MIN_NUM_CHANNELS         0x1
-#define MLX5E_MAX_NUM_CHANNELS         (MLX5E_INDIR_RQT_SIZE >> 1)
+#define MLX5E_MAX_NUM_CHANNELS         MLX5E_INDIR_RQT_SIZE
 #define MLX5E_MAX_NUM_SQS              (MLX5E_MAX_NUM_CHANNELS * MLX5E_MAX_NUM_TC)
 #define MLX5E_TX_CQ_POLL_BUDGET        128
 #define MLX5E_TX_XSK_POLL_BUDGET       64
@@ -1175,11 +1175,11 @@ int mlx5e_attach_netdev(struct mlx5e_priv *priv);
 void mlx5e_detach_netdev(struct mlx5e_priv *priv);
 void mlx5e_destroy_netdev(struct mlx5e_priv *priv);
 void mlx5e_set_netdev_mtu_boundaries(struct mlx5e_priv *priv);
-void mlx5e_build_nic_params(struct mlx5_core_dev *mdev,
+void mlx5e_build_nic_params(struct mlx5e_priv *priv,
 			    struct mlx5e_xsk *xsk,
 			    struct mlx5e_rss_params *rss_params,
 			    struct mlx5e_params *params,
-			    u16 max_channels, u16 mtu);
+			    u16 mtu);
 void mlx5e_build_rq_params(struct mlx5_core_dev *mdev,
 			   struct mlx5e_params *params);
 void mlx5e_build_rss_params(struct mlx5e_rss_params *rss_params,
diff --git a/drivers/net/ethernet/mellanox/mlx5/core/en_main.c b/drivers/net/ethernet/mellanox/mlx5/core/en_main.c
index 319b39f2559262d36cac0a7f1f9b6c985b0949c8..78737fd42616df0f326ccf3582324bc182d20e13 100644
--- a/drivers/net/ethernet/mellanox/mlx5/core/en_main.c
+++ b/drivers/net/ethernet/mellanox/mlx5/core/en_main.c
@@ -4739,17 +4739,19 @@ void mlx5e_build_rss_params(struct mlx5e_rss_params *rss_params,
 			tirc_default_config[tt].rx_hash_fields;
 }
 
-void mlx5e_build_nic_params(struct mlx5_core_dev *mdev,
+void mlx5e_build_nic_params(struct mlx5e_priv *priv,
 			    struct mlx5e_xsk *xsk,
 			    struct mlx5e_rss_params *rss_params,
 			    struct mlx5e_params *params,
-			    u16 max_channels, u16 mtu)
+			    u16 mtu)
 {
+	struct mlx5_core_dev *mdev = priv->mdev;
 	u8 rx_cq_period_mode;
 
 	params->sw_mtu = mtu;
 	params->hard_mtu = MLX5E_ETH_HARD_MTU;
-	params->num_channels = max_channels;
+	params->num_channels = min_t(unsigned int, MLX5E_MAX_NUM_CHANNELS / 2,
+				     priv->max_nch);
 	params->num_tc       = 1;
 
 	/* SQ */
@@ -4986,8 +4988,8 @@ static int mlx5e_nic_init(struct mlx5_core_dev *mdev,
 	if (err)
 		return err;
 
-	mlx5e_build_nic_params(mdev, &priv->xsk, rss, &priv->channels.params,
-			       priv->max_nch, netdev->mtu);
+	mlx5e_build_nic_params(priv, &priv->xsk, rss, &priv->channels.params,
+			       netdev->mtu);
 
 	mlx5e_timestamp_init(priv);
 
diff --git a/drivers/net/ethernet/mellanox/mlx5/core/ipoib/ipoib.c b/drivers/net/ethernet/mellanox/mlx5/core/ipoib/ipoib.c
index 3ed8ab2d703d5112c032ae210b4dad27f232aa8e..7c87f523e370ad491ef9a302b24d4a0eaaa4cd40 100644
--- a/drivers/net/ethernet/mellanox/mlx5/core/ipoib/ipoib.c
+++ b/drivers/net/ethernet/mellanox/mlx5/core/ipoib/ipoib.c
@@ -87,8 +87,8 @@ int mlx5i_init(struct mlx5_core_dev *mdev,
 	mlx5e_set_netdev_mtu_boundaries(priv);
 	netdev->mtu = netdev->max_mtu;
 
-	mlx5e_build_nic_params(mdev, NULL, &priv->rss_params, &priv->channels.params,
-			       priv->max_nch, netdev->mtu);
+	mlx5e_build_nic_params(priv, NULL, &priv->rss_params, &priv->channels.params,
+			       netdev->mtu);
 	mlx5i_build_nic_params(mdev, &priv->channels.params);
 
 	mlx5e_timestamp_init(priv);