Index: llvm/lib/CodeGen/CodeGenPrepare.cpp
===================================================================
--- llvm/lib/CodeGen/CodeGenPrepare.cpp
+++ llvm/lib/CodeGen/CodeGenPrepare.cpp
@@ -268,6 +268,10 @@
     MaxAddressUsersToScan("cgp-max-address-users-to-scan", cl::init(100),
                           cl::Hidden,
                           cl::desc("Max number of address users to look at"));
+
+static cl::opt<unsigned> MaxLoopInvUsersToScan(
+    "cgp-max-loop-inv-users-to-scan", cl::init(20), cl::Hidden,
+    cl::desc("Max number of loop invariant users to look at"));
 namespace {
 
 enum ExtType {
@@ -5060,6 +5064,19 @@
                            PSI, BFI, SeenInsts);
 }
 
+static bool isUsedInLoop(const Value *V, const Loop *L) {
+  unsigned N = 0;
+
+  for (const Use &U : V->uses()) {
+    if (++N > MaxLoopInvUsersToScan)
+      break;
+    const Instruction *UserI = cast<Instruction>(U.getUser());
+    if (L->contains(UserI->getParent()))
+      return true;
+  }
+
+  return false;
+}
 
 /// Return true if Val is already known to be live at the use site that we're
 /// folding it into. If so, there is no cost to include it in the addressing
@@ -5083,10 +5100,17 @@
     if (AI->isStaticAlloca())
       return true;
 
+  // If the value is loop invariant and is used in the loop which contains the
+  // memory instruction, it's live.
+  BasicBlock *BB = MemoryInst->getParent();
+  if (Loop *L = LI.getLoopFor(BB);
+      L && L->isLoopInvariant(Val) && isUsedInLoop(Val, L))
+    return true;
+
   // Check to see if this value is already used in the memory instruction's
   // block.  If so, it's already live into the block at the very least, so we
   // can reasonably fold it.
-  return Val->isUsedInBasicBlock(MemoryInst->getParent());
+  return Val->isUsedInBasicBlock(BB);
 }
 
 /// It is possible for the addressing mode of the machine to fold the specified
Index: llvm/test/CodeGen/AArch64/gep-sink-loop-inv-live.ll
===================================================================
--- /dev/null
+++ llvm/test/CodeGen/AArch64/gep-sink-loop-inv-live.ll
@@ -0,0 +1,62 @@
+; NOTE: Assertions have been autogenerated by utils/update_test_checks.py
+; RUN: opt -S -codegenprepare < %s | FileCheck %s
+target triple = "aarch64-linux"
+
+declare void @use(...)
+declare i64 @next(i64)
+
+define void @f(ptr %a, i64 %k, i64 %n, ptr %q) {
+; CHECK-LABEL: @f(
+; CHECK-NEXT:  entry:
+; CHECK-NEXT:    br label [[COND:%.*]]
+; CHECK:       cond:
+; CHECK-NEXT:    [[I:%.*]] = phi i64 [ 0, [[ENTRY:%.*]] ], [ [[J:%.*]], [[IF_THEN:%.*]] ], [ [[I]], [[IF_ELSE:%.*]] ]
+; CHECK-NEXT:    [[P:%.*]] = getelementptr i32, ptr [[A:%.*]], i64 [[I]]
+; CHECK-NEXT:    [[C0:%.*]] = icmp ult i64 [[I]], [[N:%.*]]
+; CHECK-NEXT:    br i1 [[C0]], label [[LOOP:%.*]], label [[EXIT:%.*]]
+; CHECK:       loop:
+; CHECK-NEXT:    [[J]] = call i64 @next(i64 [[I]])
+; CHECK-NEXT:    [[SUNKADDR:%.*]] = mul i64 [[I]], 4
+; CHECK-NEXT:    [[SUNKADDR1:%.*]] = getelementptr i8, ptr [[A]], i64 [[SUNKADDR]]
+; CHECK-NEXT:    [[V:%.*]] = load i32, ptr [[SUNKADDR1]], align 4
+; CHECK-NEXT:    [[C1:%.*]] = icmp slt i32 [[V]], 0
+; CHECK-NEXT:    br i1 [[C1]], label [[IF_THEN]], label [[IF_ELSE]]
+; CHECK:       if.then:
+; CHECK-NEXT:    store ptr [[P]], ptr [[Q:%.*]], align 8
+; CHECK-NEXT:    br label [[COND]]
+; CHECK:       if.else:
+; CHECK-NEXT:    call void @use(ptr [[A]])
+; CHECK-NEXT:    br label [[COND]]
+; CHECK:       exit:
+; CHECK-NEXT:    ret void
+;
+entry:
+  br label %cond
+
+cond:
+  %i = phi i64 [0, %entry], [%i.next, %next]
+  %p = getelementptr i32, ptr %a, i64 %i
+  %c0 = icmp ult i64 %i, %n
+  br i1 %c0, label %loop, label %exit
+
+loop:
+  %j = call i64 @next(i64 %i)
+  %v = load i32, ptr %p
+  %c1 = icmp slt i32 %v, 0
+  br i1 %c1, label %if.then, label %if.else
+
+if.then:
+  store ptr %p, ptr %q
+  br label %next
+
+if.else:
+  call void @use(ptr %a)
+  br label %next
+
+next:
+  %i.next = phi i64 [%j, %if.then], [%i, %if.else]
+  br label %cond
+
+exit:
+  ret void
+}