Edit: Actually, I thought about it, and I don’t think clang’s behavior is wrong in the examples he cites. Basically, you’re using an uninitialized variable, and choosing to use compiler settings which make that legal, and the compiler is saying “Okay, you didn’t give me a value for this variable, so I’m just going to pick one that’s convenient for me and do my optimizations according to the value I picked.” Is that the best thing for it to do? Maybe not; it certainly violates the principle of least surprise. But, it’s hard for me to say it’s the compiler’s fault that you constructed a program that does something surprising when uninitialized variables you’re using happen to have certain values.

You got it correct in this edit. But the important part is that gcc will also do this, and they both are kinda expected to do so. The article cites some standard committee discussions: somebody suggested ensuring that signed integer overflow in C++20 will not UB, and the committee decided against it. Also, somebody suggested not allowing to optimize out the infinite loops like 13 years ago, and then the committee decided that it should be allowed. Therefore, these optimisations are clearly seen as features.

And these are not theoretical issues by any means, there has been this vulnerability in the kernel for instance: lwn.net/Articles/342330/ which happened because the compiler just removed a null pointer check.