1.10.3 builds fine with the same toolchain
1.11.0 fails with:
hwf-x86.c:60:14: error: this directive must appear between .cfi_startproc and .cfi_endproc directives 60 | ("pushf\n\t" /* Copy flags to EAX. */ | ^
Downstream issue: https://github.com/msys2/MINGW-packages/pull/21202
Full build log: https://gist.github.com/lazka/82f0efc163b9b62beb5375c04501d381