diff --git a/go.mod b/go.mod
index c4e2bacacd0a..6f11f1634d22 100644
--- a/go.mod
+++ b/go.mod
@@ -32,7 +32,7 @@ require (
 	k8s.io/utils v0.0.0-20240102154912-e7106e64919e
 	knative.dev/pkg v0.0.0-20231010144348-ca8c009405dd
 	sigs.k8s.io/controller-runtime v0.18.4
-	sigs.k8s.io/karpenter v0.37.1-0.20240806233449-dd09b2d65869
+	sigs.k8s.io/karpenter v0.37.1-0.20240807211108-75944eed94c5
 	sigs.k8s.io/yaml v1.4.0
 )
 
diff --git a/go.sum b/go.sum
index 066f891fbb16..e666f48eebdb 100644
--- a/go.sum
+++ b/go.sum
@@ -761,8 +761,8 @@ sigs.k8s.io/controller-runtime v0.18.4 h1:87+guW1zhvuPLh1PHybKdYFLU0YJp4FhJRmiHv
 sigs.k8s.io/controller-runtime v0.18.4/go.mod h1:TVoGrfdpbA9VRFaRnKgk9P5/atA0pMwq+f+msb9M8Sg=
 sigs.k8s.io/json v0.0.0-20221116044647-bc3834ca7abd h1:EDPBXCAspyGV4jQlpZSudPeMmr1bNJefnuqLsRAsHZo=
 sigs.k8s.io/json v0.0.0-20221116044647-bc3834ca7abd/go.mod h1:B8JuhiUyNFVKdsE8h686QcCxMaH6HrOAZj4vswFpcB0=
-sigs.k8s.io/karpenter v0.37.1-0.20240806233449-dd09b2d65869 h1:6Y7MPoaSqp1pZ38c1CoL9jS5LgXKeRVqPZ0U4eu5pQg=
-sigs.k8s.io/karpenter v0.37.1-0.20240806233449-dd09b2d65869/go.mod h1:3NLmsnHHw8p4VutpjTOPUZyhE3qH6yGTs8O94Lsu8uw=
+sigs.k8s.io/karpenter v0.37.1-0.20240807211108-75944eed94c5 h1:IKzp6lcEXfpyL85bPbigKeOfRKbXCysXBd3GwWxIgDs=
+sigs.k8s.io/karpenter v0.37.1-0.20240807211108-75944eed94c5/go.mod h1:3NLmsnHHw8p4VutpjTOPUZyhE3qH6yGTs8O94Lsu8uw=
 sigs.k8s.io/structured-merge-diff/v4 v4.4.1 h1:150L+0vs/8DA78h1u02ooW1/fFq/Lwr+sGiqlzvrtq4=
 sigs.k8s.io/structured-merge-diff/v4 v4.4.1/go.mod h1:N8hJocpFajUSSeSJ9bOZ77VzejKZaXsTtZo4/u7Io08=
 sigs.k8s.io/yaml v1.4.0 h1:Mk1wCc2gy/F0THH0TAp1QYyJNzRm2KCLy3o5ASXVI5E=