diff --git a/llvm/lib/Transforms/InstCombine/InstCombineSimplifyDemanded.cpp b/llvm/lib/Transforms/InstCombine/InstCombineSimplifyDemanded.cpp
--- a/llvm/lib/Transforms/InstCombine/InstCombineSimplifyDemanded.cpp
+++ b/llvm/lib/Transforms/InstCombine/InstCombineSimplifyDemanded.cpp
@@ -971,6 +971,13 @@
 Value *InstCombiner::simplifyAMDGCNMemoryIntrinsicDemanded(IntrinsicInst *II,
                                                            APInt DemandedElts,
                                                            int DMaskIdx) {
+
+  // FIXME: Allow v3i16/v3f16 in buffer intrinsics when the types are fully supported.
+  if (DMaskIdx < 0 &&
+      II->getType()->getScalarSizeInBits() != 32 &&
+      DemandedElts.getActiveBits() == 3)
+    return nullptr;
+
   unsigned VWidth = II->getType()->getVectorNumElements();
   if (VWidth == 1)
     return nullptr;
diff --git a/llvm/test/Transforms/InstCombine/AMDGPU/amdgcn-demanded-vector-elts.ll b/llvm/test/Transforms/InstCombine/AMDGPU/amdgcn-demanded-vector-elts.ll
--- a/llvm/test/Transforms/InstCombine/AMDGPU/amdgcn-demanded-vector-elts.ll
+++ b/llvm/test/Transforms/InstCombine/AMDGPU/amdgcn-demanded-vector-elts.ll
@@ -1474,6 +1474,51 @@
 
 declare <4 x i32> @llvm.amdgcn.raw.tbuffer.load.v4i32(<4 x i32>, i32, i32, i32, i32) #1
 
+; CHECK-LABEL: @extract_elt3_raw_tbuffer_load_v4f16(
+; CHECK-NEXT: %data = call <4 x half> @llvm.amdgcn.raw.tbuffer.load.v4f16(<4 x i32> %rsrc, i32 %arg0, i32 %arg1, i32 78, i32 0)
+; CHECK-NEXT: %elt1 = extractelement <4 x half> %data, i32 3
+; CHECK-NEXT: ret half %elt1
+define amdgpu_ps half @extract_elt3_raw_tbuffer_load_v4f16(<4 x i32> inreg %rsrc, i32 %arg0, i32 inreg %arg1) #0 {
+  %data = call <4 x half> @llvm.amdgcn.raw.tbuffer.load.v4f16(<4 x i32> %rsrc, i32 %arg0, i32 %arg1, i32 78, i32 0)
+  %elt1 = extractelement <4 x half> %data, i32 3
+  ret half %elt1
+}
+
+; FIXME: Enable load shortening when full support for v3f16 has been added (should expect call <3 x half> @llvm.amdgcn.raw.tbuffer.load.v3f16).
+; CHECK-LABEL: @extract_elt2_raw_tbuffer_load_v4f16(
+; CHECK-NEXT: %data = call <4 x half> @llvm.amdgcn.raw.tbuffer.load.v4f16(<4 x i32> %rsrc, i32 %arg0, i32 %arg1, i32 78, i32 0)
+; CHECK-NEXT: %elt1 = extractelement <4 x half> %data, i32 2
+; CHECK-NEXT: ret half %elt1
+define amdgpu_ps half @extract_elt2_raw_tbuffer_load_v4f16(<4 x i32> inreg %rsrc, i32 %arg0, i32 inreg %arg1) #0 {
+  %data = call <4 x half> @llvm.amdgcn.raw.tbuffer.load.v4f16(<4 x i32> %rsrc, i32 %arg0, i32 %arg1, i32 78, i32 0)
+  %elt1 = extractelement <4 x half> %data, i32 2
+  ret half %elt1
+}
+
+; CHECK-LABEL: @extract_elt1_raw_tbuffer_load_v4f16(
+; CHECK-NEXT: %data = call <2 x half> @llvm.amdgcn.raw.tbuffer.load.v2f16(<4 x i32> %rsrc, i32 %arg0, i32 %arg1, i32 78, i32 0)
+; CHECK-NEXT: %elt1 = extractelement <2 x half> %data, i32 1
+; CHECK-NEXT: ret half %elt1
+define amdgpu_ps half @extract_elt1_raw_tbuffer_load_v4f16(<4 x i32> inreg %rsrc, i32 %arg0, i32 inreg %arg1) #0 {
+  %data = call <4 x half> @llvm.amdgcn.raw.tbuffer.load.v4f16(<4 x i32> %rsrc, i32 %arg0, i32 %arg1, i32 78, i32 0)
+  %elt1 = extractelement <4 x half> %data, i32 1
+  ret half %elt1
+}
+
+; CHECK-LABEL: @extract_elt0_raw_tbuffer_load_v4f16(
+; CHECK-NEXT: %data = call half @llvm.amdgcn.raw.tbuffer.load.f16(<4 x i32> %rsrc, i32 %arg0, i32 %arg1, i32 78, i32 0)
+; CHECK-NEXT: ret half %data
+define amdgpu_ps half @extract_elt0_raw_tbuffer_load_v4f16(<4 x i32> inreg %rsrc, i32 %arg0, i32 inreg %arg1) #0 {
+  %data = call <4 x half> @llvm.amdgcn.raw.tbuffer.load.v4f16(<4 x i32> %rsrc, i32 %arg0, i32 %arg1, i32 78, i32 0)
+  %elt1 = extractelement <4 x half> %data, i32 0
+  ret half %elt1
+}
+
+declare half @llvm.amdgcn.raw.tbuffer.load.f16(<4 x i32>, i32, i32, i32, i32) #1
+declare <2 x half> @llvm.amdgcn.raw.tbuffer.load.v2f16(<4 x i32>, i32, i32, i32, i32) #1
+declare <3 x half> @llvm.amdgcn.raw.tbuffer.load.v3f16(<4 x i32>, i32, i32, i32, i32) #1
+declare <4 x half> @llvm.amdgcn.raw.tbuffer.load.v4f16(<4 x i32>, i32, i32, i32, i32) #1
+
 ; --------------------------------------------------------------------
 ; llvm.amdgcn.struct.tbuffer.load
 ; --------------------------------------------------------------------