diff --git a/llvm/lib/Target/X86/X86TargetTransformInfo.cpp b/llvm/lib/Target/X86/X86TargetTransformInfo.cpp
--- a/llvm/lib/Target/X86/X86TargetTransformInfo.cpp
+++ b/llvm/lib/Target/X86/X86TargetTransformInfo.cpp
@@ -4799,6 +4799,8 @@
   // The cost of the loads/stores is accounted for separately.
   //
   static const CostTblEntry AVX2InterleavedLoadTbl[] = {
+      {2, MVT::v2i16, 2}, // (load 4i16 and) deinterleave into 2 x 2i16
+
       {2, MVT::v4i64, 6}, // (load 8i64 and) deinterleave into 2 x 4i64
 
       {3, MVT::v2i8, 10},  // (load 6i8 and) deinterleave into 3 x 2i8
@@ -4819,6 +4821,8 @@
   };
 
   static const CostTblEntry AVX2InterleavedStoreTbl[] = {
+      {2, MVT::v2i16, 1}, // interleave 2 x 2i16 into 4i16 (and store)
+
       {2, MVT::v4i64, 6}, // interleave 2 x 4i64 into 8i64 (and store)
 
       {3, MVT::v2i8, 7},   // interleave 3 x 2i8 into 6i8 (and store)
diff --git a/llvm/test/Analysis/CostModel/X86/interleaved-load-i16-stride-2.ll b/llvm/test/Analysis/CostModel/X86/interleaved-load-i16-stride-2.ll
--- a/llvm/test/Analysis/CostModel/X86/interleaved-load-i16-stride-2.ll
+++ b/llvm/test/Analysis/CostModel/X86/interleaved-load-i16-stride-2.ll
@@ -9,7 +9,7 @@
 
 ; CHECK: LV: Checking a loop in "test"
 ; CHECK: LV: Found an estimated cost of 1 for VF 1 For instruction:   %v0 = load i16, i16* %in0, align 2
-; CHECK: LV: Found an estimated cost of 9 for VF 2 For instruction:   %v0 = load i16, i16* %in0, align 2
+; CHECK: LV: Found an estimated cost of 3 for VF 2 For instruction:   %v0 = load i16, i16* %in0, align 2
 ; CHECK: LV: Found an estimated cost of 17 for VF 4 For instruction:   %v0 = load i16, i16* %in0, align 2
 ; CHECK: LV: Found an estimated cost of 41 for VF 8 For instruction:   %v0 = load i16, i16* %in0, align 2
 ; CHECK: LV: Found an estimated cost of 114 for VF 16 For instruction:   %v0 = load i16, i16* %in0, align 2
diff --git a/llvm/test/Analysis/CostModel/X86/interleaved-store-i16-stride-2.ll b/llvm/test/Analysis/CostModel/X86/interleaved-store-i16-stride-2.ll
--- a/llvm/test/Analysis/CostModel/X86/interleaved-store-i16-stride-2.ll
+++ b/llvm/test/Analysis/CostModel/X86/interleaved-store-i16-stride-2.ll
@@ -9,7 +9,7 @@
 
 ; CHECK: LV: Checking a loop in "test"
 ; CHECK: LV: Found an estimated cost of 1 for VF 1 For instruction:   store i16 %v1, i16* %out1, align 2
-; CHECK: LV: Found an estimated cost of 9 for VF 2 For instruction:   store i16 %v1, i16* %out1, align 2
+; CHECK: LV: Found an estimated cost of 2 for VF 2 For instruction:   store i16 %v1, i16* %out1, align 2
 ; CHECK: LV: Found an estimated cost of 17 for VF 4 For instruction:   store i16 %v1, i16* %out1, align 2
 ; CHECK: LV: Found an estimated cost of 49 for VF 8 For instruction:   store i16 %v1, i16* %out1, align 2
 ; CHECK: LV: Found an estimated cost of 114 for VF 16 For instruction:   store i16 %v1, i16* %out1, align 2