diff --git a/drivers/net/ethernet/microchip/Kconfig b/drivers/net/ethernet/microchip/Kconfig
index 24c994baad13..329e374b9539 100644
--- a/drivers/net/ethernet/microchip/Kconfig
+++ b/drivers/net/ethernet/microchip/Kconfig
@@ -46,7 +46,7 @@ config LAN743X
 	tristate "LAN743x support"
 	depends on PCI
 	depends on PTP_1588_CLOCK_OPTIONAL
-	select PHYLIB
+	select FIXED_PHY
 	select CRC16
 	select CRC32
 	help