diff --git a/tests/run-make/avr-rjmp-offset/avr-rjmp-offsets.rs b/tests/run-make/avr-rjmp-offset/avr-rjmp-offsets.rs
new file mode 100644
index 00000000000..2f97fc1ed95
--- /dev/null
+++ b/tests/run-make/avr-rjmp-offset/avr-rjmp-offsets.rs
@@ -0,0 +1,47 @@
+//! This test case is a `#![no_core]`-version of the MVCE presented in #129301.
+//!
+//! The function [`delay()`] is removed, as it is not necessary to trigger the
+//! wrong behavior and would require some additional lang items.
+#![feature(no_core, lang_items, intrinsics, rustc_attrs)]
+#![no_core]
+#![no_main]
+#![allow(internal_features)]
+
+use minicore::ptr;
+
+#[no_mangle]
+pub fn main() -> ! {
+    let port_b = 0x25 as *mut u8; // the I/O-address of PORTB
+
+    // a simple loop with some trivial instructions within. This loop label has
+    // to be placed correctly before the `ptr::write_volatile()` (some LLVM ver-
+    // sions did place it after the first loop instruction, causing unsoundness)
+    loop {
+        unsafe { ptr::write_volatile(port_b, 1) };
+        unsafe { ptr::write_volatile(port_b, 2) };
+    }
+}
+
+// FIXME: replace with proper minicore once available (#130693)
+mod minicore {
+    #[lang = "sized"]
+    pub trait Sized {}
+
+    #[lang = "copy"]
+    pub trait Copy {}
+    impl Copy for u32 {}
+    impl Copy for &u32 {}
+    impl<T: ?Sized> Copy for *mut T {}
+
+    pub mod ptr {
+        #[inline]
+        #[rustc_diagnostic_item = "ptr_write_volatile"]
+        pub unsafe fn write_volatile<T>(dst: *mut T, src: T) {
+            extern "rust-intrinsic" {
+                #[rustc_nounwind]
+                pub fn volatile_store<T>(dst: *mut T, val: T);
+            }
+            unsafe { volatile_store(dst, src) };
+        }
+    }
+}
diff --git a/tests/run-make/avr-rjmp-offset/rmake.rs b/tests/run-make/avr-rjmp-offset/rmake.rs
new file mode 100644
index 00000000000..89cbca309be
--- /dev/null
+++ b/tests/run-make/avr-rjmp-offset/rmake.rs
@@ -0,0 +1,60 @@
+//@ needs-llvm-components: avr
+//@ needs-rust-lld
+//! Regression test for #129301/llvm-project#106722 within `rustc`.
+//!
+//! Some LLVM-versions had wrong offsets in the local labels, causing the first
+//! loop instruction to be missed. This test therefore contains a simple loop
+//! with trivial instructions in it, to see, where the label is placed.
+//!
+//! This must be a `rmake`-test and cannot be a `tests/assembly`-test, since the
+//! wrong output is only produced with direct assembly generation, but not when
+//! "emit-asm" is used, as described in the issue description of #129301:
+//! https://github.com/rust-lang/rust/issues/129301#issue-2475070770
+use run_make_support::{llvm_objdump, rustc};
+
+fn main() {
+    rustc()
+        .input("avr-rjmp-offsets.rs")
+        .opt_level("s")
+        .panic("abort")
+        .target("avr-unknown-gnu-atmega328")
+        // normally one links with `avr-gcc`, but this is not available in CI,
+        // hence this test diverges from the default behavior to enable linking
+        // at all, which is necessary for the test (to resolve the labels). To
+        // not depend on a special linker script, the main-function is marked as
+        // the entry function, causing the linker to not remove it.
+        .linker("rust-lld")
+        .link_arg("--entry=main")
+        .output("compiled")
+        .run();
+
+    let disassembly = llvm_objdump().disassemble().input("compiled").run().stdout_utf8();
+
+    // search for the following instruction sequence:
+    // ```disassembly
+    // 00000080 <main>:
+    // 80: 81 e0         ldi     r24, 0x1
+    // 82: 92 e0         ldi     r25, 0x2
+    // 84: 85 b9         out     0x5, r24
+    // 86: 95 b9         out     0x5, r25
+    // 88: fd cf         rjmp    .-6
+    // ```
+    // This matches on all instructions, since the size of the instructions be-
+    // fore the relative jump has an impact on the label offset. Old versions
+    // of the Rust compiler did produce a label `rjmp .-4` (misses the first
+    // instruction in the loop).
+    assert!(disassembly.contains("<main>"), "no main function in output");
+    disassembly
+        .trim()
+        .lines()
+        .skip_while(|&line| !line.contains("<main>"))
+        .inspect(|line| println!("{line}"))
+        .skip(1)
+        .zip(["ldi\t", "ldi\t", "out\t", "out\t", "rjmp\t.-6"])
+        .for_each(|(line, expected_instruction)| {
+            assert!(
+                line.contains(expected_instruction),
+                "expected instruction `{expected_instruction}`, got `{line}`"
+            );
+        });
+}