diff --git a/llvm/lib/Analysis/ValueTracking.cpp b/llvm/lib/Analysis/ValueTracking.cpp
--- a/llvm/lib/Analysis/ValueTracking.cpp
+++ b/llvm/lib/Analysis/ValueTracking.cpp
@@ -1480,7 +1480,17 @@
                 Pred = CmpInst::getInversePredicate(Pred);
               // Get the knownbits implied by the incoming phi condition.
               auto CR = ConstantRange::makeExactICmpRegion(Pred, *RHSC);
-              Known2 = Known2.unionWith(CR.toKnownBits());
+              KnownBits KnownUnion = Known2.unionWith(CR.toKnownBits());
+              // We can have conflicts here if we are analyzing deadcode (its
+              // impossible for us reach this BB based the icmp).
+              if (KnownUnion.hasConflict()) {
+                // No reason to continue analyzing in a known dead region, so
+                // just resetAll and break. This will cause us to also exit the
+                // outer loop.
+                Known.resetAll();
+                break;
+              }
+              Known2 = KnownUnion;
             }
           }
         }
diff --git a/llvm/test/Analysis/ValueTracking/knownbits-phi-deadcode.ll b/llvm/test/Analysis/ValueTracking/knownbits-phi-deadcode.ll
new file mode 100644
--- /dev/null
+++ b/llvm/test/Analysis/ValueTracking/knownbits-phi-deadcode.ll
@@ -0,0 +1,72 @@
+; NOTE: Assertions have been autogenerated by utils/update_test_checks.py UTC_ARGS: --version 2
+; RUN: opt -O1 -S < %s | FileCheck %s
+; This reduced testcase from pr65022. We are only testing that is doesn't crash.
+
+@b = internal global i32 1
+
+define void @f(i32 %spec.select, ptr %c, i1 %tobool.not) {
+; CHECK-LABEL: define void @f
+; CHECK-SAME: (i32 [[SPEC_SELECT:%.*]], ptr nocapture writeonly [[C:%.*]], i1 [[TOBOOL_NOT:%.*]]) local_unnamed_addr {
+; CHECK-NEXT:  entry:
+; CHECK-NEXT:    [[TOBOOL2_NOT:%.*]] = icmp eq i32 [[SPEC_SELECT]], 0
+; CHECK-NEXT:    br label [[L:%.*]]
+; CHECK:       L:
+; CHECK-NEXT:    br i1 [[TOBOOL_NOT]], label [[IF_THEN1:%.*]], label [[IF_THEN:%.*]]
+; CHECK:       if.then:
+; CHECK-NEXT:    store i32 0, ptr [[C]], align 4
+; CHECK-NEXT:    br label [[IF_THEN1]]
+; CHECK:       if.then1:
+; CHECK-NEXT:    br i1 [[TOBOOL2_NOT]], label [[FOR_END:%.*]], label [[IF_THEN3:%.*]]
+; CHECK:       if.then3:
+; CHECK-NEXT:    tail call void (...) @e()
+; CHECK-NEXT:    br label [[L]]
+; CHECK:       for.end:
+; CHECK-NEXT:    ret void
+;
+entry:
+  br label %L
+
+L:  ; preds = %while.cond, %if.then3, %entry
+  %i.0 = phi i32 [ 0, %entry ], [ %i.0, %if.then3 ], [ 1, %while.cond ]
+  br i1 %tobool.not, label %if.end, label %if.then
+
+if.then:  ; preds = %L
+  store i32 0, ptr %c, align 4
+  br label %if.end
+
+if.end:  ; preds = %if.then, %L
+  %0 = load i32, ptr @b, align 4
+  %not = xor i32 %0, 1
+  %cmp = icmp sgt i32 %0, -1
+  br i1 %cmp, label %if.then1, label %while.cond
+
+if.then1:  ; preds = %if.end
+  %tobool2.not = icmp eq i32 %spec.select, 0
+  br i1 %tobool2.not, label %while.cond, label %if.then3
+
+if.then3:  ; preds = %if.then1
+  call void(...) @e()
+  br label %L
+
+while.cond:  ; preds = %if.then1, %if.end
+  %h.02 = phi i32 [ 0, %if.then1 ], [ %not, %if.end ]
+  %tobool7.not = icmp eq i32 %h.02, 0
+  %spec.select3 = select i1 %tobool7.not, i32 %i.0, i32 %spec.select
+  %tobool10.not = icmp eq i32 %spec.select3, 0
+  br i1 %tobool10.not, label %for.cond, label %L
+
+for.cond:  ; preds = %for.inc, %while.cond
+  %1 = phi i32 [ %inc, %for.inc ], [ %spec.select, %while.cond ]
+  %tobool13.not = icmp eq i32 %1, 0
+  br i1 %tobool13.not, label %for.end, label %for.inc
+
+for.inc:  ; preds = %for.cond
+  %inc = add i32 %1, 1
+  store i32 %inc, ptr @b, align 4
+  br label %for.cond
+
+for.end:  ; preds = %for.cond
+  ret void
+}
+
+declare void @e(...)