magento-test/app/code/Magento/Theme/view/frontend/templates/link.phtml

<?php
/**
 * Copyright © Magento, Inc. All rights reserved.
 * See COPYING.txt for license details.
 */

/**
 * @var $block \Magento\Framework\View\Element\Html\Link
 */
?>
<?php if (!$block->getIsDisabled()) : ?>
<li>
    <a href="<?= $block->escapeUrl($block->getHref()) ?>"
        <?php if ($title = $block->getTitle()) : ?> title="<?= $block->escapeHtmlAttr(__($title)) ?>"<?php endif;?>>
        <?= $block->escapeHtml(__($block->getLabel())) ?>
    </a>
</li>
<?php endif; ?>