diff --git a/vlib/v/ast/ast.v b/vlib/v/ast/ast.v
index 1e0e542bfa..0deba3a374 100644
--- a/vlib/v/ast/ast.v
+++ b/vlib/v/ast/ast.v
@@ -540,6 +540,7 @@ pub mut:
 	warnings         []errors.Warning  // all the checker warnings in the file
 	notices          []errors.Notice   // all the checker notices in the file
 	generic_fns      []&FnDecl
+	global_labels    []string // from `asm { .globl labelname }`
 }
 
 pub struct IdentFn {
@@ -1064,13 +1065,12 @@ pub:
 	clobbered    []AsmClobbered
 	pos          token.Position
 pub mut:
-	templates        []AsmTemplate
-	scope            &Scope
-	output           []AsmIO
-	input            []AsmIO
-	global_labels    []string // listed after clobbers, paired with is_goto == true
-	local_labels     []string // local to the assembly block
-	exported_symbols []string // functions defined in assembly block, exported with `.globl`
+	templates     []AsmTemplate
+	scope         &Scope
+	output        []AsmIO
+	input         []AsmIO
+	global_labels []string // labels defined in assembly block, exported with `.globl`
+	local_labels  []string // local to the assembly block
 }
 
 pub struct AsmTemplate {
@@ -1083,8 +1083,8 @@ pub mut:
 	pos          token.Position
 }
 
-// [eax+5] | j | eax | true | `a` | 0.594 | 123 | 'hi' | label_name
-pub type AsmArg = AsmAddressing | AsmAlias | AsmRegister | BoolLiteral | CharLiteral |
+// [eax+5] | j | displacement literal (e.g. 123 in [rax + 123] ) | eax | true | `a` | 0.594 | 123 | label_name
+pub type AsmArg = AsmAddressing | AsmAlias | AsmDisp | AsmRegister | BoolLiteral | CharLiteral |
 	FloatLiteral | IntegerLiteral | string
 
 pub struct AsmRegister {
@@ -1095,6 +1095,12 @@ mut:
 	size int
 }
 
+pub struct AsmDisp {
+pub:
+	val string
+	pos token.Position
+}
+
 pub struct AsmAlias {
 pub:
 	name string // a
@@ -1103,13 +1109,13 @@ pub:
 
 pub struct AsmAddressing {
 pub:
-	displacement u32 // 8, 16 or 32 bit literal value
-	scale        int = -1 // 1, 2, 4, or 8 literal
-	mode         AddressingMode
-	pos          token.Position
+	scale int = -1 // 1, 2, 4, or 8 literal 
+	mode  AddressingMode
+	pos   token.Position
 pub mut:
-	base  AsmArg // gpr
-	index AsmArg // gpr
+	displacement AsmArg // 8, 16 or 32 bit literal value
+	base         AsmArg // gpr
+	index        AsmArg // gpr
 }
 
 // adressing modes:
@@ -1125,9 +1131,8 @@ pub enum AddressingMode {
 }
 
 pub struct AsmClobbered {
-pub:
-	reg AsmRegister
 pub mut:
+	reg      AsmRegister
 	comments []Comment
 }
 
@@ -1204,7 +1209,7 @@ pub const (
 )
 
 // TODO: saved priviled registers for arm
-const (
+pub const (
 	arm_no_number_register_list   = ['fp' /* aka r11 */, /* not instruction pointer: */ 'ip' /* aka r12 */,
 		'sp' /* aka r13 */, 'lr' /* aka r14 */, /* this is instruction pointer ('program counter'): */
 		'pc' /* aka r15 */,
@@ -1214,7 +1219,7 @@ const (
 	}
 )
 
-const (
+pub const (
 	riscv_no_number_register_list   = ['zero', 'ra', 'sp', 'gp', 'tp']
 	riscv_with_number_register_list = map{
 		'x#': 32
diff --git a/vlib/v/checker/checker.v b/vlib/v/checker/checker.v
index f5b4bb7606..46ead38a1a 100644
--- a/vlib/v/checker/checker.v
+++ b/vlib/v/checker/checker.v
@@ -3768,11 +3768,11 @@ fn (mut c Checker) asm_stmt(mut stmt ast.AsmStmt) {
 
 			// }
 		}
-		for arg in template.args {
+		for mut arg in template.args {
 			c.asm_arg(arg, stmt, aliases)
 		}
 	}
-	for clob in stmt.clobbered {
+	for mut clob in stmt.clobbered {
 		c.asm_arg(clob.reg, stmt, aliases)
 	}
 }
@@ -3781,8 +3781,11 @@ fn (mut c Checker) asm_arg(arg ast.AsmArg, stmt ast.AsmStmt, aliases []string) {
 	match mut arg {
 		ast.AsmAlias {
 			name := arg.name
-			if name !in aliases && name !in stmt.local_labels && name !in stmt.global_labels {
-				suggestion := util.new_suggestion(name, aliases)
+			if name !in aliases && name !in stmt.local_labels && name !in c.file.global_labels {
+				mut possible := aliases.clone()
+				possible << stmt.local_labels
+				possible << c.file.global_labels
+				suggestion := util.new_suggestion(name, possible)
 				c.error(suggestion.say('alias or label `$arg.name` does not exist'), arg.pos)
 			}
 		}
@@ -3790,6 +3793,7 @@ fn (mut c Checker) asm_arg(arg ast.AsmArg, stmt ast.AsmStmt, aliases []string) {
 			if arg.scale !in [-1, 1, 2, 4, 8] {
 				c.error('scale must be one of 1, 2, 4, or 8', arg.pos)
 			}
+			c.asm_arg(arg.displacement, stmt, aliases)
 			c.asm_arg(arg.base, stmt, aliases)
 			c.asm_arg(arg.index, stmt, aliases)
 		}
@@ -3798,6 +3802,7 @@ fn (mut c Checker) asm_arg(arg ast.AsmArg, stmt ast.AsmStmt, aliases []string) {
 		ast.CharLiteral {}
 		ast.IntegerLiteral {}
 		ast.AsmRegister {} // if the register is not found, the parser will register it as an alias
+		ast.AsmDisp {}
 		string {}
 	}
 }
diff --git a/vlib/v/fmt/fmt.v b/vlib/v/fmt/fmt.v
index ed8d84fcd1..31578225f9 100644
--- a/vlib/v/fmt/fmt.v
+++ b/vlib/v/fmt/fmt.v
@@ -750,31 +750,36 @@ fn (mut f Fmt) asm_arg(arg ast.AsmArg) {
 					f.asm_arg(base)
 				}
 				.displacement {
-					f.write('$displacement')
+					f.asm_arg(displacement)
 				}
 				.base_plus_displacement {
 					f.asm_arg(base)
-					f.write(' + $displacement')
+					f.write(' + ')
+					f.asm_arg(displacement)
 				}
 				.index_times_scale_plus_displacement {
 					f.asm_arg(index)
-					f.write(' * $scale + $displacement')
+					f.write(' * $scale + ')
+					f.asm_arg(displacement)
 				}
 				.base_plus_index_plus_displacement {
 					f.asm_arg(base)
 					f.write(' + ')
 					f.asm_arg(index)
-					f.write(' + $displacement')
+					f.write(' + ')
+					f.asm_arg(displacement)
 				}
 				.base_plus_index_times_scale_plus_displacement {
 					f.asm_arg(base)
 					f.write(' + ')
 					f.asm_arg(index)
-					f.write(' * $scale + $displacement')
+					f.write(' * $scale + ')
+					f.asm_arg(displacement)
 				}
 				.rip_plus_displacement {
 					f.asm_arg(base)
-					f.write(' + $displacement')
+					f.write(' + ')
+					f.asm_arg(displacement)
 				}
 				.invalid {
 					panic('fmt: invalid addressing mode')
@@ -782,6 +787,9 @@ fn (mut f Fmt) asm_arg(arg ast.AsmArg) {
 			}
 			f.write(']')
 		}
+		ast.AsmDisp {
+			f.write(arg.val)
+		}
 	}
 }
 
diff --git a/vlib/v/gen/c/cgen.v b/vlib/v/gen/c/cgen.v
index 13fe401838..9ff83c2314 100644
--- a/vlib/v/gen/c/cgen.v
+++ b/vlib/v/gen/c/cgen.v
@@ -1861,12 +1861,9 @@ fn (mut g Gen) asm_arg(arg ast.AsmArg, stmt ast.AsmStmt) {
 	match arg {
 		ast.AsmAlias {
 			name := arg.name
-			if name in stmt.local_labels || name in stmt.global_labels {
-				asm_formatted_name := if name in stmt.local_labels {
-					name
-				} else { // val in stmt.global_labels
-					'%l[$name]'
-				}
+			if name in stmt.local_labels || name in stmt.global_labels
+				|| name in g.file.global_labels {
+				asm_formatted_name := if name in stmt.global_labels { '%l[$name]' } else { name }
 				g.write(asm_formatted_name)
 			} else {
 				g.write('%[$name]')
@@ -1896,43 +1893,53 @@ fn (mut g Gen) asm_arg(arg ast.AsmArg, stmt ast.AsmStmt) {
 				.base {
 					g.write('(')
 					g.asm_arg(base, stmt)
+					g.write(')')
 				}
 				.displacement {
-					g.write('${displacement}(')
+					g.asm_arg(displacement, stmt)
+					g.write('()')
 				}
 				.base_plus_displacement {
-					g.write('${displacement}(')
+					g.asm_arg(displacement, stmt)
+					g.write('(')
 					g.asm_arg(base, stmt)
+					g.write(')')
 				}
 				.index_times_scale_plus_displacement {
-					g.write('${displacement}(,')
+					g.asm_arg(displacement, stmt)
+					g.write('(')
 					g.asm_arg(index, stmt)
-					g.write(',')
-					g.write(scale.str())
+					g.write(',$scale)')
 				}
 				.base_plus_index_plus_displacement {
-					g.write('${displacement}(')
+					g.asm_arg(displacement, stmt)
+					g.write('(')
 					g.asm_arg(base, stmt)
 					g.write(',')
 					g.asm_arg(index, stmt)
-					g.write(',1')
+					g.write(',1)')
 				}
 				.base_plus_index_times_scale_plus_displacement {
-					g.write('${displacement}(')
+					g.asm_arg(displacement, stmt)
+					g.write('(')
 					g.asm_arg(base, stmt)
 					g.write(',')
 					g.asm_arg(index, stmt)
-					g.write(',$scale')
+					g.write(',$scale)')
 				}
 				.rip_plus_displacement {
-					g.write('${displacement}(')
+					g.asm_arg(displacement, stmt)
+					g.write('(')
 					g.asm_arg(base, stmt)
+					g.write(')')
 				}
 				.invalid {
 					g.error('invalid addressing mode', arg.pos)
 				}
 			}
-			g.write(')')
+		}
+		ast.AsmDisp {
+			g.write(arg.val)
 		}
 		string {
 			g.write('$arg')
@@ -1945,7 +1952,9 @@ fn (mut g Gen) gen_asm_ios(ios []ast.AsmIO) {
 		if io.alias != '' {
 			g.write('[$io.alias] ')
 		}
-		g.write('"$io.constraint" ($io.expr)')
+		g.write('"$io.constraint" (')
+		g.expr(io.expr)
+		g.write(')')
 		if i + 1 < ios.len {
 			g.writeln(',')
 		} else {
diff --git a/vlib/v/parser/parser.v b/vlib/v/parser/parser.v
index e410b78fb3..3982cdcb5c 100644
--- a/vlib/v/parser/parser.v
+++ b/vlib/v/parser/parser.v
@@ -73,6 +73,7 @@ mut:
 	n_asm               int  // controls assembly labels
 	inside_asm_template bool
 	inside_asm          bool
+	global_labels       []string
 }
 
 // for tests
@@ -281,6 +282,7 @@ pub fn (mut p Parser) parse() ast.File {
 		global_scope: p.global_scope
 		errors: p.errors
 		warnings: p.warnings
+		global_labels: p.global_labels
 	}
 }
 
@@ -876,7 +878,6 @@ fn (mut p Parser) asm_stmt(is_top_level bool) ast.AsmStmt {
 	}
 
 	mut local_labels := []string{}
-	mut exported_symbols := []string{}
 	// riscv: https://github.com/jameslzhu/riscv-card/blob/master/riscv-card.pdf
 	// x86: https://www.felixcloutier.com/x86/
 	// arm: https://developer.arm.com/documentation/dui0068/b/arm-instruction-reference
@@ -921,8 +922,15 @@ fn (mut p Parser) asm_stmt(is_top_level bool) ast.AsmStmt {
 							}
 						}
 						ast.IntegerLiteral {
-							args << ast.IntegerLiteral{
-								...number_lit
+							if is_directive {
+								args << ast.AsmDisp{
+									val: number_lit.val
+									pos: number_lit.pos
+								}
+							} else {
+								args << ast.IntegerLiteral{
+									...number_lit
+								}
 							}
 						}
 						else {
@@ -967,7 +975,9 @@ fn (mut p Parser) asm_stmt(is_top_level bool) ast.AsmStmt {
 			comments << p.comment()
 		}
 		if is_directive && name in ['globl', 'global'] {
-			exported_symbols << args
+			for arg in args {
+				p.global_labels << (arg as ast.AsmAlias).name
+			}
 		}
 		templates << ast.AsmTemplate{
 			name: name
@@ -1045,7 +1055,6 @@ fn (mut p Parser) asm_stmt(is_top_level bool) ast.AsmStmt {
 		scope: scope
 		global_labels: global_labels
 		local_labels: local_labels
-		exported_symbols: exported_symbols
 	}
 }
 
@@ -1058,7 +1067,8 @@ fn (mut p Parser) reg_or_alias() ast.AsmArg {
 			p.check(.name)
 			return b
 		} else {
-			panic('parser bug: non-register ast.ScopeObject found in scope')
+			verror('parser bug: non-register ast.ScopeObject found in scope')
+			return ast.AsmDisp{} // should not be reached
 		}
 	} else {
 		p.check(.name)
@@ -1173,8 +1183,15 @@ fn (mut p Parser) asm_addressing() ast.AsmAddressing {
 				pos: pos.extend(p.prev_tok.position())
 			}
 		} else if p.tok.kind == .number {
-			displacement := p.tok.lit.u32()
-			p.check(.name)
+			displacement := if p.tok.kind == .name {
+				x := ast.AsmArg(p.tok.lit)
+				p.check(.name)
+				x
+			} else {
+				x := ast.AsmArg(p.tok.lit)
+				p.check(.number)
+				x
+			}
 			p.check(.rsbr)
 			return ast.AsmAddressing{
 				mode: .displacement
@@ -1187,13 +1204,22 @@ fn (mut p Parser) asm_addressing() ast.AsmAddressing {
 	}
 	if p.peek_tok.kind == .plus && p.tok.kind == .name { // [base + displacement], [base + index ∗ scale + displacement], [base + index + displacement] or [rip + displacement]
 		if p.tok.lit == 'rip' {
-			p.check(.name)
+			rip := p.reg_or_alias()
 			p.check(.plus)
-			displacement := p.tok.lit.u32()
-			p.check(.number)
+
+			displacement := if p.tok.kind == .name {
+				x := ast.AsmArg(p.tok.lit)
+				p.check(.name)
+				x
+			} else {
+				x := ast.AsmArg(p.tok.lit)
+				p.check(.number)
+				x
+			}
+			p.check(.rsbr)
 			return ast.AsmAddressing{
 				mode: .rip_plus_displacement
-				base: 'rip'
+				base: rip
 				displacement: displacement
 				pos: pos.extend(p.prev_tok.position())
 			}
@@ -1202,8 +1228,15 @@ fn (mut p Parser) asm_addressing() ast.AsmAddressing {
 		p.check(.plus)
 		if p.peek_tok.kind == .rsbr {
 			if p.tok.kind == .number {
-				displacement := p.tok.lit.u32()
-				p.check(.number)
+				displacement := if p.tok.kind == .name {
+					x := ast.AsmArg(p.tok.lit)
+					p.check(.name)
+					x
+				} else {
+					x := ast.AsmArg(p.tok.lit)
+					p.check(.name)
+					x
+				}
 				p.check(.rsbr)
 				return ast.AsmAddressing{
 					mode: .base_plus_displacement
@@ -1221,8 +1254,15 @@ fn (mut p Parser) asm_addressing() ast.AsmAddressing {
 			scale := p.tok.lit.int()
 			p.check(.number)
 			p.check(.plus)
-			displacement := p.tok.lit.u32()
-			p.check(.number)
+			displacement := if p.tok.kind == .name {
+				x := ast.AsmArg(p.tok.lit)
+				p.check(.name)
+				x
+			} else {
+				x := ast.AsmArg(p.tok.lit)
+				p.check(.number)
+				x
+			}
 			p.check(.rsbr)
 			return ast.AsmAddressing{
 				mode: .base_plus_index_times_scale_plus_displacement
@@ -1234,8 +1274,15 @@ fn (mut p Parser) asm_addressing() ast.AsmAddressing {
 			}
 		} else if p.tok.kind == .plus {
 			p.check(.plus)
-			displacement := p.tok.lit.u32()
-			p.check(.number)
+			displacement := if p.tok.kind == .name {
+				x := ast.AsmArg(p.tok.lit)
+				p.check(.name)
+				x
+			} else {
+				x := ast.AsmArg(p.tok.lit)
+				p.check(.number)
+				x
+			}
 			p.check(.rsbr)
 			return ast.AsmAddressing{
 				mode: .base_plus_index_plus_displacement
@@ -1252,8 +1299,15 @@ fn (mut p Parser) asm_addressing() ast.AsmAddressing {
 		scale := p.tok.lit.int()
 		p.check(.number)
 		p.check(.plus)
-		displacement := p.tok.lit.u32()
-		p.check(.number)
+		displacement := if p.tok.kind == .name {
+			x := ast.AsmArg(p.tok.lit)
+			p.check(.name)
+			x
+		} else {
+			x := ast.AsmArg(p.tok.lit)
+			p.check(.number)
+			x
+		}
 		p.check(.rsbr)
 		return ast.AsmAddressing{
 			mode: .index_times_scale_plus_displacement
diff --git a/vlib/v/tests/assembly/asm_test.amd64.v b/vlib/v/tests/assembly/asm_test.amd64.v
index bd0679ed02..912fc26d48 100644
--- a/vlib/v/tests/assembly/asm_test.amd64.v
+++ b/vlib/v/tests/assembly/asm_test.amd64.v
@@ -1,7 +1,7 @@
 import v.tests.assembly.util
 
 fn test_inline_asm() {
-	a, mut b := 10, 0
+	a, mut b := i64(10), i64(0)
 	asm amd64 {
 		mov rax, a
 		mov b, rax
@@ -97,3 +97,26 @@ fn test_inline_asm() {
 
 	assert util.add(8, 9, 34, 7) == 58 // test .amd64.v files
 }
+
+// this test does not appear in i386 test since rip relative addressing was introduced in 64-bit mode
+fn test_rip_relative_label() {
+	mut a := i64(4)
+	asm amd64 {
+		mov a, [rip + one_two_three] // see below
+		; =r (a)
+	}
+	assert a == 48321074923
+
+	mut b := i64(4)
+	asm amd64 {
+		mov b, one_two_three // see below
+		; =r (b)
+	}
+	assert b == 48321074923
+}
+
+asm amd64 {
+	.global one_two_three
+	one_two_three:
+	.quad 48321074923
+}