diff --git a/build-scripts/components/kubernetes/version b/build-scripts/components/kubernetes/version
index 1bfb2727a..6d101d3b1 100644
--- a/build-scripts/components/kubernetes/version
+++ b/build-scripts/components/kubernetes/version
@@ -1 +1 @@
-v1.32.0-rc.2
+v1.32.0
diff --git a/build-scripts/hack/update-component-versions.py b/build-scripts/hack/update-component-versions.py
index 998f224e1..de996f918 100755
--- a/build-scripts/hack/update-component-versions.py
+++ b/build-scripts/hack/update-component-versions.py
@@ -34,7 +34,7 @@
 # - "https://dl.k8s.io/release/stable.txt"
 # - "https://dl.k8s.io/release/stable-1.xx.txt"
 # - "https://dl.k8s.io/release/latest-1.xx.txt" (e.g. for release candidate builds)
-KUBERNETES_VERSION_MARKER = "https://dl.k8s.io/release/latest-1.32.txt"
+KUBERNETES_VERSION_MARKER = "https://dl.k8s.io/release/stable-1.32.txt"
 
 # Containerd release branch to track. The most recent tag in the branch will be used.
 CONTAINERD_RELEASE_BRANCH = "release/1.6"