I don't think clang is being "aggressive" on ARM, it's just that all aarch64 targets support fma. You'll get similar results with vfmadd213ss on x86-64 with -march=haswell (13 years old at this point, probably a safe bet).

    float fma(float x) {
        return 3.0f * x + 1.0f;
    }

Clang armv8 21.1.0:

    fma(float):
        sub     sp, sp, #16
        str     s0, [sp, #12]
        ldr     s1, [sp, #12]
        fmov    s2, #1.00000000
        fmov    s0, #3.00000000
        fmadd   s0, s0, s1, s2
        add     sp, sp, #16
        ret

Clang x86-64 21.1.0:

    .LCPI0_0:
        .long   0x3f800000
    .LCPI0_1:
        .long   0x40400000
    fma(float):
        push    rbp
        mov     rbp, rsp
        vmovss  dword ptr [rbp - 4], xmm0
        vmovss  xmm1, dword ptr [rbp - 4]
        vmovss  xmm2, dword ptr [rip + .LCPI0_0]
        vmovss  xmm0, dword ptr [rip + .LCPI0_1]
        vfmadd213ss     xmm0, xmm1, xmm2
        pop     rbp
        ret