Index: llvm/include/llvm/CodeGen/BasicTTIImpl.h
===================================================================
--- llvm/include/llvm/CodeGen/BasicTTIImpl.h
+++ llvm/include/llvm/CodeGen/BasicTTIImpl.h
@@ -1290,6 +1290,10 @@
     unsigned ScalarizationCostPassed = ICA.getScalarizationCost();
     bool SkipScalarizationCost = ICA.skipScalarizationCost();
 
+    // Assume that target intrinsics are cheap
+    if (Function::isTargetIntrinsic(IID))
+      return TargetTransformInfo::TCC_Basic;
+
     VectorType *VecOpTy = nullptr;
     if (!Tys.empty()) {
       // The vector reduction operand is operand 0 except for fadd/fmul.
Index: llvm/include/llvm/IR/Function.h
===================================================================
--- llvm/include/llvm/IR/Function.h
+++ llvm/include/llvm/IR/Function.h
@@ -199,6 +199,10 @@
   /// returns Intrinsic::not_intrinsic!
   bool isIntrinsic() const { return HasLLVMReservedName; }
 
+  /// isTargetIntrinsic - Returns true if this IID is an intrinsic specific to a
+  /// certain target. If this is a generic intrinsic, false is returned.
+  static bool isTargetIntrinsic(Intrinsic::ID IID);
+
   /// isTargetIntrinsic - Returns true if this function is an intrinsic and the
   /// intrinsic is specific to a certain target. If this is not an intrinsic
   /// or a generic intrinsic, false is returned.
Index: llvm/lib/IR/Function.cpp
===================================================================
--- llvm/lib/IR/Function.cpp
+++ llvm/lib/IR/Function.cpp
@@ -640,8 +640,12 @@
 #include "llvm/IR/IntrinsicImpl.inc"
 #undef GET_INTRINSIC_TARGET_DATA
 
+bool Function::isTargetIntrinsic(Intrinsic::ID IID) {
+  return IID > TargetInfos[0].Count;
+}
+
 bool Function::isTargetIntrinsic() const {
-  return IntID > TargetInfos[0].Count;
+  return isTargetIntrinsic(IntID);
 }
 
 /// Find the segment of \c IntrinsicNameTable for intrinsics with the same
Index: llvm/test/Analysis/CostModel/ARM/target-intrinsics.ll
===================================================================
--- llvm/test/Analysis/CostModel/ARM/target-intrinsics.ll
+++ llvm/test/Analysis/CostModel/ARM/target-intrinsics.ll
@@ -9,7 +9,7 @@
 ; CHECK-THUMB2-RECIP-NEXT:  Cost Model: Found an estimated cost of 1 for instruction: %t1 = call i32 @llvm.arm.ssat(i32 undef, i32 undef)
 ; CHECK-THUMB2-RECIP-NEXT:  Cost Model: Found an estimated cost of 1 for instruction: %t2 = tail call { <8 x half>, <8 x half> } @llvm.arm.mve.vld2q.v8f16.p0f16(half* undef)
 ; CHECK-THUMB2-RECIP-NEXT:  Cost Model: Found an estimated cost of 1 for instruction: %t3 = call { i32, i32 } @llvm.arm.mve.sqrshrl(i32 undef, i32 undef, i32 undef, i32 48)
-; CHECK-THUMB2-RECIP-NEXT:  Cost Model: Found an estimated cost of 135 for instruction: %t4 = tail call { i32, i32 } @llvm.arm.mve.vmlldava.v8i16(i32 0, i32 0, i32 0, i32 0, i32 0, <8 x i16> undef, <8 x i16> undef)
+; CHECK-THUMB2-RECIP-NEXT:  Cost Model: Found an estimated cost of 1 for instruction: %t4 = tail call { i32, i32 } @llvm.arm.mve.vmlldava.v8i16(i32 0, i32 0, i32 0, i32 0, i32 0, <8 x i16> undef, <8 x i16> undef)
 ; CHECK-THUMB2-RECIP-NEXT:  Cost Model: Found an estimated cost of 0 for instruction: ret void
 ;
 ; CHECK-THUMB2-LAT-LABEL: 'intrinsics'