CONFIG_HAVE_ARM_ARCH_TIMER is not available for the selected architecture x86.
Result is shown for architecture arm
Architected timer support
configname: CONFIG_HAVE_ARM_ARCH_TIMER
Linux Kernel Configuration
└─>Kernel Features
└─>Architected timer support
In linux kernel since version 3.1 (release Date: 2011-10-24)
This option enables support for the ARM architected timer