CONFIG_ARCH_U300 is not available for thedefaultarchitecture x86.
Result is shown for architecture arm

ST-Ericsson U300 Series

modulename: timer-u300.ko

and/or

clk-u300.ko

configname: CONFIG_ARCH_U300

Linux Kernel Configuration
└─>ST-Ericsson U300 Series
In linux kernel since version 2.6.31 (release Date: 2009-09-09)  
Support for ST-Ericsson U300 series mobile platforms.

source code:
drivers/clocksource/timer-u300.c

depends
CONFIG_MMU