diff --git a/go.mod b/go.mod
index 19e20f5433b5..930c50d7bd16 100644
--- a/go.mod
+++ b/go.mod
@@ -28,7 +28,7 @@ require (
 	k8s.io/utils v0.0.0-20240102154912-e7106e64919e
 	knative.dev/pkg v0.0.0-20231010144348-ca8c009405dd
 	sigs.k8s.io/controller-runtime v0.17.2
-	sigs.k8s.io/karpenter v0.35.1-0.20240314163853-c6b8b811c3d0
+	sigs.k8s.io/karpenter v0.35.2
 	sigs.k8s.io/yaml v1.4.0
 )
 
diff --git a/go.sum b/go.sum
index ddff08f3e845..2b6c60130877 100644
--- a/go.sum
+++ b/go.sum
@@ -757,8 +757,8 @@ sigs.k8s.io/controller-runtime v0.17.2 h1:FwHwD1CTUemg0pW2otk7/U5/i5m2ymzvOXdbeG
 sigs.k8s.io/controller-runtime v0.17.2/go.mod h1:+MngTvIQQQhfXtwfdGw/UOQ/aIaqsYywfCINOtwMO/s=
 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 v0.35.1-0.20240314163853-c6b8b811c3d0 h1:IKGl5MC8nx4SO8z5nuLI1+CwOD+ej/AQowh5Iurj8uQ=
-sigs.k8s.io/karpenter v0.35.1-0.20240314163853-c6b8b811c3d0/go.mod h1:yb+1r5cysByx1xePT48lMHZU6EKlqOUNJiP1phbvFVc=
+sigs.k8s.io/karpenter v0.35.2 h1:Q81+OLvMrLIrV9ueV14YFiDBuS348uxBTCIITFAA0fw=
+sigs.k8s.io/karpenter v0.35.2/go.mod h1:cUrYd9r91yK9Y4k6N87kdhs0EYTAlp9yimSqFcckxAw=
 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=