diff --git a/cmake/onnxruntime_mlas.cmake b/cmake/onnxruntime_mlas.cmake
index 20c26458a27dd..0ba4694c329e3 100644
--- a/cmake/onnxruntime_mlas.cmake
+++ b/cmake/onnxruntime_mlas.cmake
@@ -88,7 +88,7 @@ function(setup_mlas_source_for_windows)
         ${MLAS_SRC_DIR}/sqnbitgemm_kernel_neon.cpp
         ${MLAS_SRC_DIR}/sqnbitgemm_kernel_neon_fp32.cpp
         ${MLAS_SRC_DIR}/sqnbitgemm_kernel_neon_int8.cpp
-        ${MLAS_SRC_DIR}/sqnbitgemm_kernel_neon_fp16.cpp
+        ${MLAS_SRC_DIR}/fp16_neon_common.cpp
       )
 
       set(mlas_platform_preprocess_srcs
@@ -383,7 +383,7 @@ else()
             ${MLAS_SRC_DIR}/qgemm_kernel_smmla.cpp
             ${MLAS_SRC_DIR}/qgemm_kernel_ummla.cpp
             ${MLAS_SRC_DIR}/sbgemm_kernel_neon.cpp
-            ${MLAS_SRC_DIR}/sqnbitgemm_kernel_neon_fp16.cpp
+            ${MLAS_SRC_DIR}/fp16_neon_common.cpp
           )
           set_source_files_properties(${MLAS_SRC_DIR}/aarch64/HalfGemmKernelNeon.S PROPERTIES COMPILE_FLAGS " -march=armv8.2-a+fp16 ")
           set_source_files_properties(${MLAS_SRC_DIR}/aarch64/QgemmS8S8KernelSmmla.S PROPERTIES COMPILE_FLAGS " -march=armv8.2-a+i8mm ")
@@ -393,7 +393,7 @@ else()
           set_source_files_properties(${MLAS_SRC_DIR}/dwconv.cpp PROPERTIES COMPILE_FLAGS " -march=armv8.2-a+fp16 ")
           set_source_files_properties(${MLAS_SRC_DIR}/pooling_fp16.cpp PROPERTIES COMPILE_FLAGS " -march=armv8.2-a+fp16 ")
           set_source_files_properties(${MLAS_SRC_DIR}/sbgemm_kernel_neon.cpp PROPERTIES COMPILE_FLAGS " -march=armv8.2-a+bf16 ")
-          set_source_files_properties(${MLAS_SRC_DIR}/sqnbitgemm_kernel_neon_fp16.cpp PROPERTIES COMPILE_FLAGS " -march=armv8.2-a+fp16 ")
+          set_source_files_properties(${MLAS_SRC_DIR}/fp16_neon_common.cpp PROPERTIES COMPILE_FLAGS " -march=armv8.2-a+fp16 ")
         endif()
 
         if(ONNXRUNTIME_MLAS_MULTI_ARCH)
diff --git a/onnxruntime/core/mlas/lib/sqnbitgemm_kernel_neon_fp16.cpp b/onnxruntime/core/mlas/lib/fp16_neon_common.cpp
similarity index 79%
rename from onnxruntime/core/mlas/lib/sqnbitgemm_kernel_neon_fp16.cpp
rename to onnxruntime/core/mlas/lib/fp16_neon_common.cpp
index 89f08a4cf03c5..bd345bff187fe 100644
--- a/onnxruntime/core/mlas/lib/sqnbitgemm_kernel_neon_fp16.cpp
+++ b/onnxruntime/core/mlas/lib/fp16_neon_common.cpp
@@ -6,13 +6,11 @@ Licensed under the MIT License.
 
 Module Name:
 
-    sqnbitgemm_kernel_neon_fp16.cpp
+    fp16_neon_common.cpp
 
 Abstract:
 
-    This module implements the float/quantized n-bit integer matrix
-    multiplication kernels for ARM NEON specific to
-    input type T1 as float16.
+    This module implements the common kernels for ARM NEON specific to float16.
 
 --*/
 
@@ -64,11 +62,23 @@ MlasCastF16ToF32KernelNeon(const unsigned short* src, float* dest, size_t count)
     }
 
     // aligned src
-    for (; i + 3 < count; i += 4)
+    for (; i + 7 < count; i += 8)
     {
         float16x4_t fp16v4_0 = vreinterpret_f16_u16(vld1_u16(src + i));
         float32x4_t fp32v4_0 = vcvt_f32_f16(fp16v4_0);
         vst1q_f32(dest + i, fp32v4_0);
+
+        float16x4_t fp16v4_1 = vreinterpret_f16_u16(vld1_u16(src + i + 4));
+        float32x4_t fp32v4_1 = vcvt_f32_f16(fp16v4_1);
+        vst1q_f32(dest + i + 4, fp32v4_1);
+    }
+
+    if (i + 3 < count)
+    {
+        float16x4_t fp16v4_0 = vreinterpret_f16_u16(vld1_u16(src + i));
+        float32x4_t fp32v4_0 = vcvt_f32_f16(fp16v4_0);
+        vst1q_f32(dest + i, fp32v4_0);
+        i += 4;
     }
 
     // Handle trailing unaligned src
@@ -124,11 +134,23 @@ MlasCastF32ToF16KernelNeon(const float* src, unsigned short* dest, size_t count)
     }
 
     // aligned src
-    for (; i + 3 < count; i += 4)
+    for (; i + 7 < count; i += 8)
+    {
+        float32x4_t fp32v4_0 = vld1q_f32(src + i);
+        float16x4_t fp16v4_0 = vcvt_f16_f32(fp32v4_0);
+        vst1_u16(dest + i, vreinterpret_u16_f16(fp16v4_0));
+
+        float32x4_t fp32v4_1 = vld1q_f32(src + i + 4);
+        float16x4_t fp16v4_1 = vcvt_f16_f32(fp32v4_1);
+        vst1_u16(dest + i + 4, vreinterpret_u16_f16(fp16v4_1));
+    }
+
+    if (i + 3 < count)
     {
         float32x4_t fp32v4_0 = vld1q_f32(src + i);
         float16x4_t fp16v4_0 = vcvt_f16_f32(fp32v4_0);
         vst1_u16(dest + i, vreinterpret_u16_f16(fp16v4_0));
+        i += 4;
     }
 
     // Handle trailing unaligned src
diff --git a/onnxruntime/test/mlas/bench/bench_sqnbitgemm_neon_fp16.cpp b/onnxruntime/test/mlas/bench/bench_fp16_neon_common.cpp
similarity index 98%
rename from onnxruntime/test/mlas/bench/bench_sqnbitgemm_neon_fp16.cpp
rename to onnxruntime/test/mlas/bench/bench_fp16_neon_common.cpp
index 59dcc457c4417..1dccbe44aafaf 100644
--- a/onnxruntime/test/mlas/bench/bench_sqnbitgemm_neon_fp16.cpp
+++ b/onnxruntime/test/mlas/bench/bench_fp16_neon_common.cpp
@@ -41,7 +41,7 @@ BENCHMARK(BM_ConvertF16ToF32)
     ->UseRealTime()
     ->Apply([](benchmark::internal::Benchmark* b) {
       b->ArgNames({"aligned"});
-      b->Argsproduct({{0, 1}});
+      b->ArgsProduct({{0, 1}});
     });
 
 BENCHMARK(BM_ConvertF32ToF16)