http://gcc.gnu.org/bugzilla/show_bug.cgi?id=54231
--- Comment #8 from Richard Guenther <rguenth at gcc dot gnu.org> 2012-08-13 08:59:18 UTC --- If you do something like gcc -c t1.c -mavx -flto gcc -c t2.c -msse2 -flto gcc t1.o t2.o -flto then the link step will use -mavx -msse2, that is, target options are concatenated.