https://gcc.gnu.org/bugzilla/show_bug.cgi?id=65504
--- Comment #15 from Eric Botcazou <ebotcazou at gcc dot gnu.org> --- It's a bug in Dead Store Elimination (so -fno-dse is the workaround) exposed by a combination of GCSE and FWPROP which changes the canonicalization of addresses (so -fno-gcse and -fno-forward-propagate paper over the bug).