diff --git a/arch/x86/kernel/cpu/perf_event_amd.c b/arch/x86/kernel/cpu/perf_event_amd.c
index 589286f28877..65652265fffd 100644
--- a/arch/x86/kernel/cpu/perf_event_amd.c
+++ b/arch/x86/kernel/cpu/perf_event_amd.c
@@ -134,8 +134,13 @@ static u64 amd_pmu_event_map(int hw_event)
 
 static int amd_pmu_hw_config(struct perf_event *event)
 {
-	int ret = x86_pmu_hw_config(event);
+	int ret;
 
+	/* pass precise event sampling to ibs: */
+	if (event->attr.precise_ip && get_ibs_caps())
+		return -ENOENT;
+
+	ret = x86_pmu_hw_config(event);
 	if (ret)
 		return ret;
 
diff --git a/arch/x86/kernel/cpu/perf_event_amd_ibs.c b/arch/x86/kernel/cpu/perf_event_amd_ibs.c
index cc1f3293d6c2..34dfa853f6df 100644
--- a/arch/x86/kernel/cpu/perf_event_amd_ibs.c
+++ b/arch/x86/kernel/cpu/perf_event_amd_ibs.c
@@ -145,17 +145,80 @@ static struct perf_ibs *get_ibs_pmu(int type)
 	return NULL;
 }
 
+/*
+ * Use IBS for precise event sampling:
+ *
+ *  perf record -a -e cpu-cycles:p ...    # use ibs op counting cycle count
+ *  perf record -a -e r076:p ...          # same as -e cpu-cycles:p
+ *  perf record -a -e r0C1:p ...          # use ibs op counting micro-ops
+ *
+ * IbsOpCntCtl (bit 19) of IBS Execution Control Register (IbsOpCtl,
+ * MSRC001_1033) is used to select either cycle or micro-ops counting
+ * mode.
+ *
+ * The rip of IBS samples has skid 0. Thus, IBS supports precise
+ * levels 1 and 2 and the PERF_EFLAGS_EXACT is set. In rare cases the
+ * rip is invalid when IBS was not able to record the rip correctly.
+ * We clear PERF_EFLAGS_EXACT and take the rip from pt_regs then.
+ *
+ */
+static int perf_ibs_precise_event(struct perf_event *event, u64 *config)
+{
+	switch (event->attr.precise_ip) {
+	case 0:
+		return -ENOENT;
+	case 1:
+	case 2:
+		break;
+	default:
+		return -EOPNOTSUPP;
+	}
+
+	switch (event->attr.type) {
+	case PERF_TYPE_HARDWARE:
+		switch (event->attr.config) {
+		case PERF_COUNT_HW_CPU_CYCLES:
+			*config = 0;
+			return 0;
+		}
+		break;
+	case PERF_TYPE_RAW:
+		switch (event->attr.config) {
+		case 0x0076:
+			*config = 0;
+			return 0;
+		case 0x00C1:
+			*config = IBS_OP_CNT_CTL;
+			return 0;
+		}
+		break;
+	default:
+		return -ENOENT;
+	}
+
+	return -EOPNOTSUPP;
+}
+
 static int perf_ibs_init(struct perf_event *event)
 {
 	struct hw_perf_event *hwc = &event->hw;
 	struct perf_ibs *perf_ibs;
 	u64 max_cnt, config;
+	int ret;
 
 	perf_ibs = get_ibs_pmu(event->attr.type);
-	if (!perf_ibs)
+	if (perf_ibs) {
+		config = event->attr.config;
+	} else {
+		perf_ibs = &perf_ibs_op;
+		ret = perf_ibs_precise_event(event, &config);
+		if (ret)
+			return ret;
+	}
+
+	if (event->pmu != &perf_ibs->pmu)
 		return -ENOENT;
 
-	config = event->attr.config;
 	if (config & ~perf_ibs->config_mask)
 		return -EINVAL;
 
@@ -437,8 +500,12 @@ static int perf_ibs_handle_irq(struct perf_ibs *perf_ibs, struct pt_regs *iregs)
 	ibs_data.size = sizeof(u64) * size;
 
 	regs = *iregs;
-	if (!check_rip || !(ibs_data.regs[2] & IBS_RIP_INVALID))
+	if (check_rip && (ibs_data.regs[2] & IBS_RIP_INVALID)) {
+		regs.flags &= ~PERF_EFLAGS_EXACT;
+	} else {
 		instruction_pointer_set(&regs, ibs_data.regs[1]);
+		regs.flags |= PERF_EFLAGS_EXACT;
+	}
 
 	if (event->attr.sample_type & PERF_SAMPLE_RAW) {
 		raw.size = sizeof(u32) + ibs_data.size;