diff --git a/clang/include/clang/Driver/Options.td b/clang/include/clang/Driver/Options.td
--- a/clang/include/clang/Driver/Options.td
+++ b/clang/include/clang/Driver/Options.td
@@ -2828,6 +2828,15 @@
   HelpText<"Minimum time granularity (in microseconds) traced by time profiler">,
   Flags<[CC1Option, CoreOption]>,
   MarshallingInfoInt<FrontendOpts<"TimeTraceGranularity">, "500u">;
+def ftime_trace_path : Joined<["-"], "ftime-trace=">, Group<f_Group>,
+  HelpText<"Turn on time profiler. Generates JSON file based on output filename. "
+           "Specify the path which stores the tracing output file.">,
+  DocBrief<[{
+  Turn on time profiler. Generates JSON file based on output filename. Results
+  can be analyzed with chrome://tracing or `Speedscope App
+  <https://www.speedscope.app>`_ for flamegraph visualization.}]>,
+  Flags<[CC1Option, CoreOption]>,
+  MarshallingInfoString<FrontendOpts<"TimeTracePath">>;
 def fproc_stat_report : Joined<["-"], "fproc-stat-report">, Group<f_Group>,
   HelpText<"Print subprocess statistics">;
 def fproc_stat_report_EQ : Joined<["-"], "fproc-stat-report=">, Group<f_Group>,
diff --git a/clang/include/clang/Frontend/FrontendOptions.h b/clang/include/clang/Frontend/FrontendOptions.h
--- a/clang/include/clang/Frontend/FrontendOptions.h
+++ b/clang/include/clang/Frontend/FrontendOptions.h
@@ -499,6 +499,9 @@
   /// Minimum time granularity (in microseconds) traced by time profiler.
   unsigned TimeTraceGranularity;
 
+  /// Path which stores the output files for -ftime-trace
+  std::string TimeTracePath;
+
 public:
   FrontendOptions()
       : DisableFree(false), RelocatablePCH(false), ShowHelp(false),
diff --git a/clang/lib/Driver/ToolChains/Clang.cpp b/clang/lib/Driver/ToolChains/Clang.cpp
--- a/clang/lib/Driver/ToolChains/Clang.cpp
+++ b/clang/lib/Driver/ToolChains/Clang.cpp
@@ -6183,6 +6183,7 @@
   Args.AddLastArg(CmdArgs, options::OPT_ftime_report_EQ);
   Args.AddLastArg(CmdArgs, options::OPT_ftime_trace);
   Args.AddLastArg(CmdArgs, options::OPT_ftime_trace_granularity_EQ);
+  Args.AddLastArg(CmdArgs, options::OPT_ftime_trace_path);
   Args.AddLastArg(CmdArgs, options::OPT_ftrapv);
   Args.AddLastArg(CmdArgs, options::OPT_malign_double);
   Args.AddLastArg(CmdArgs, options::OPT_fno_temp_file);
diff --git a/clang/test/Driver/check-time-trace.cpp b/clang/test/Driver/check-time-trace.cpp
--- a/clang/test/Driver/check-time-trace.cpp
+++ b/clang/test/Driver/check-time-trace.cpp
@@ -2,6 +2,20 @@
 // RUN: cat %T/check-time-trace.json \
 // RUN:   | %python -c 'import json, sys; json.dump(json.loads(sys.stdin.read()), sys.stdout, sort_keys=True, indent=2)' \
 // RUN:   | FileCheck %s
+// RUN: %clangxx -S -ftime-trace=%T/new-name.json -ftime-trace-granularity=0 -o %T/check-time-trace %s
+// RUN: cat %T/new-name.json \
+// RUN:   | %python -c 'import json, sys; json.dump(json.loads(sys.stdin.read()), sys.stdout, sort_keys=True, indent=2)' \
+// RUN:   | FileCheck %s
+// RUN: mkdir %T/output1
+// RUN: %clangxx -S -ftime-trace=%T/output1 -ftime-trace-granularity=0 -o %T/check-time-trace %s
+// RUN: cat %T/output1/check-time-trace.json \
+// RUN:   | %python -c 'import json, sys; json.dump(json.loads(sys.stdin.read()), sys.stdout, sort_keys=True, indent=2)' \
+// RUN:   | FileCheck %s
+// RUN: mkdir %T/output2
+// RUN: %clangxx -S -ftime-trace=%T/output2/ -ftime-trace-granularity=0 -o %T/check-time-trace %s
+// RUN: cat %T/output2/check-time-trace.json \
+// RUN:   | %python -c 'import json, sys; json.dump(json.loads(sys.stdin.read()), sys.stdout, sort_keys=True, indent=2)' \
+// RUN:   | FileCheck %s
 
 // CHECK:      "beginningOfTime": {{[0-9]{16},}}
 // CHECK-NEXT: "traceEvents": [
diff --git a/clang/tools/driver/cc1_main.cpp b/clang/tools/driver/cc1_main.cpp
--- a/clang/tools/driver/cc1_main.cpp
+++ b/clang/tools/driver/cc1_main.cpp
@@ -212,7 +212,9 @@
   bool Success = CompilerInvocation::CreateFromArgs(Clang->getInvocation(),
                                                     Argv, Diags, Argv0);
 
-  if (Clang->getFrontendOpts().TimeTrace) {
+  if (Clang->getFrontendOpts().TimeTrace ||
+      !Clang->getFrontendOpts().TimeTracePath.empty()) {
+    Clang->getFrontendOpts().TimeTrace = 1;
     llvm::timeTraceProfilerInitialize(
         Clang->getFrontendOpts().TimeTraceGranularity, Argv0);
   }
@@ -256,6 +258,15 @@
   if (llvm::timeTraceProfilerEnabled()) {
     SmallString<128> Path(Clang->getFrontendOpts().OutputFile);
     llvm::sys::path::replace_extension(Path, "json");
+    if (!Clang->getFrontendOpts().TimeTracePath.empty()) {
+      // replace the suffix to '.json' directly
+      SmallString<128> FileName(llvm::sys::path::filename(Path));
+      SmallString<128> TracePath(Clang->getFrontendOpts().TimeTracePath);
+      if (llvm::sys::fs::is_directory(TracePath)) {
+        llvm::sys::path::append(TracePath, FileName);
+      }
+      Path.assign(TracePath);
+    }
     if (auto profilerOutput = Clang->createOutputFile(
             Path.str(), /*Binary=*/false, /*RemoveFileOnSignal=*/false,
             /*useTemporary=*/false)) {