diff --git a/bazel/repository_locations.bzl b/bazel/repository_locations.bzl
index 6ab8f8529fa9..a791b08f127c 100644
--- a/bazel/repository_locations.bzl
+++ b/bazel/repository_locations.bzl
@@ -376,12 +376,12 @@ REPOSITORY_LOCATIONS_SPEC = dict(
         project_name = "gRPC",
         project_desc = "gRPC C core library",
         project_url = "https://grpc.io",
-        version = "1.59.3",
-        sha256 = "ea281bb3489520ad4fb96ae84b45ed194a1f0b944d3e74f925f5e019d31ecd0f",
+        version = "1.59.4",
+        sha256 = "6edc67c2ad200c5b618c421f6e8c1b734a4aa3e741975e683491da03390ebf63",
         strip_prefix = "grpc-{version}",
         urls = ["https://github.com/grpc/grpc/archive/v{version}.tar.gz"],
         use_category = ["dataplane_core", "controlplane"],
-        release_date = "2023-11-17",
+        release_date = "2024-02-05",
         cpe = "cpe:2.3:a:grpc:grpc:*",
         license = "Apache-2.0",
         license_url = "https://github.com/grpc/grpc/blob/v{version}/LICENSE",