Index: clang/include/clang/Driver/CLCompatOptions.td
===================================================================
--- clang/include/clang/Driver/CLCompatOptions.td
+++ clang/include/clang/Driver/CLCompatOptions.td
@@ -235,10 +235,10 @@
 def _SLASH_Zc_trigraphs_off : CLFlag<"Zc:trigraphs-">,
   HelpText<"Disable trigraphs (default)">, Alias<fno_trigraphs>;
 def _SLASH_Zc_twoPhase : CLFlag<"Zc:twoPhase">,
-  HelpText<"Enable two-phase name lookup in templates">,
+  HelpText<"Enable two-phase name lookup in templates (default)">,
   Alias<fno_delayed_template_parsing>;
 def _SLASH_Zc_twoPhase_ : CLFlag<"Zc:twoPhase-">,
-  HelpText<"Disable two-phase name lookup in templates (default)">,
+  HelpText<"Disable two-phase name lookup in templates">,
   Alias<fdelayed_template_parsing>;
 def _SLASH_Z7 : CLFlag<"Z7">,
   HelpText<"Enable CodeView debug information in object files">;
Index: clang/lib/Driver/ToolChains/Clang.cpp
===================================================================
--- clang/lib/Driver/ToolChains/Clang.cpp
+++ clang/lib/Driver/ToolChains/Clang.cpp
@@ -4883,12 +4883,14 @@
                     !IsWindowsMSVC || IsMSVC2015Compatible))
     CmdArgs.push_back("-fno-threadsafe-statics");
 
-  // -fno-delayed-template-parsing is default, except when targeting MSVC.
-  // Many old Windows SDK versions require this to parse.
-  // FIXME: MSVC introduced /Zc:twoPhase- to disable this behavior in their
-  // compiler. We should be able to disable this by default at some point.
+  // -fno-delayed-template-parsing is default, except when targeting MSVC
+  // earlier than MSVC 2017 15.3 (_MSC_VER 1911).  Windows SDK versions
+  // 10.0.15063.0 (Creators Update or Redstone 2) and earlier require this to
+  // parse.
+  bool IsMSVCBefore2017Update3 = !MSVT.empty() && MSVT < VersionTuple(19, 11);
   if (Args.hasFlag(options::OPT_fdelayed_template_parsing,
-                   options::OPT_fno_delayed_template_parsing, IsWindowsMSVC))
+                   options::OPT_fno_delayed_template_parsing,
+                   IsMSVCBefore2017Update3))
     CmdArgs.push_back("-fdelayed-template-parsing");
 
   // -fgnu-keywords default varies depending on language; only pass if
Index: clang/test/Driver/cl-options.c
===================================================================
--- clang/test/Driver/cl-options.c
+++ clang/test/Driver/cl-options.c
@@ -316,13 +316,19 @@
 
 // We recognize -f[no-]delayed-template-parsing.
 // /Zc:twoPhase[-] has the opposite meaning.
-// RUN: %clang_cl -c -### -- %s 2>&1 | FileCheck -check-prefix=DELAYEDDEFAULT %s
-// DELAYEDDEFAULT: "-fdelayed-template-parsing"
-// RUN: %clang_cl -c -fdelayed-template-parsing -### -- %s 2>&1 | FileCheck -check-prefix=DELAYEDON %s
-// RUN: %clang_cl -c /Zc:twoPhase- -### -- %s 2>&1 | FileCheck -check-prefix=DELAYEDON %s
+// RUN: %clang_cl -c -fmsc-version=1910 -### -- %s 2>&1 | FileCheck -check-prefix=OLDDELAYEDDEFAULT %s
+// OLDDELAYEDDEFAULT: "-fdelayed-template-parsing"
+// RUN: %clang_cl -fmsc-version=1911 -c -### -- %s 2>&1 | FileCheck -check-prefix=NEWDELAYEDDEFAULT %s
+// NEWDELAYEDDEFAULT-NOT: "-fdelayed-template-parsing"
+// RUN: %clang_cl -c -fmsc-version=1910 -fdelayed-template-parsing -### -- %s 2>&1 | FileCheck -check-prefix=DELAYEDON %s
+// RUN: %clang_cl -c -fmsc-version=1911 -fdelayed-template-parsing -### -- %s 2>&1 | FileCheck -check-prefix=DELAYEDON %s
+// RUN: %clang_cl -c -fmsc-version=1910 /Zc:twoPhase- -### -- %s 2>&1 | FileCheck -check-prefix=DELAYEDON %s
+// RUN: %clang_cl -c -fmsc-version=1911 /Zc:twoPhase- -### -- %s 2>&1 | FileCheck -check-prefix=DELAYEDON %s
 // DELAYEDON: "-fdelayed-template-parsing"
-// RUN: %clang_cl -c -fno-delayed-template-parsing -### -- %s 2>&1 | FileCheck -check-prefix=DELAYEDOFF %s
-// RUN: %clang_cl -c /Zc:twoPhase -### -- %s 2>&1 | FileCheck -check-prefix=DELAYEDOFF %s
+// RUN: %clang_cl -c -fmsc-version=1910 -fno-delayed-template-parsing -### -- %s 2>&1 | FileCheck -check-prefix=DELAYEDOFF %s
+// RUN: %clang_cl -c -fmsc-version=1911 -fno-delayed-template-parsing -### -- %s 2>&1 | FileCheck -check-prefix=DELAYEDOFF %s
+// RUN: %clang_cl -c -fmsc-version=1910 /Zc:twoPhase -### -- %s 2>&1 | FileCheck -check-prefix=DELAYEDOFF %s
+// RUN: %clang_cl -c -fmsc-version=1911 /Zc:twoPhase -### -- %s 2>&1 | FileCheck -check-prefix=DELAYEDOFF %s
 // DELAYEDOFF-NOT: "-fdelayed-template-parsing"
 
 // RUN: %clang_cl -c -### /std:c++latest -- %s 2>&1 | FileCheck -check-prefix CHECK-LATEST-CHAR8_T %s