1. A method, comprising: reading, by a processing device, from a first memory location, a first virtual machine (VM) exit handler address referencing a hypervisor; storing, in a second memory location, the first VM exit handler address; storing, in the first memory location, a second VM exit handler address referencing a VM exit processing accelerator; receiving, by the VM exit processing accelerator, a VM exit associated with a virtual machine; responsive to determining that an identifier of a reason of the VM exit satisfies a first condition, processing the VM exit by the VM exit processing accelerator; and resuming execution of the virtual machine.