diff --git a/packages/nx/src/config/nx-json.ts b/packages/nx/src/config/nx-json.ts
index 546e18093a405..e6980f9395847 100644
--- a/packages/nx/src/config/nx-json.ts
+++ b/packages/nx/src/config/nx-json.ts
@@ -40,6 +40,7 @@ export interface NrwlJsPluginConfig {
   analyzeSourceFiles?: boolean;
   analyzePackageJson?: boolean;
   analyzeLockfile?: boolean;
+  projectsAffectedByDependencyUpdates?: 'all' | 'auto' | string[];
 }
 
 interface NxInstallationConfiguration {
diff --git a/packages/nx/src/plugins/js/project-graph/affected/lock-file-changes.ts b/packages/nx/src/plugins/js/project-graph/affected/lock-file-changes.ts
index f6c8c8be72146..8f4c4e393ae3c 100644
--- a/packages/nx/src/plugins/js/project-graph/affected/lock-file-changes.ts
+++ b/packages/nx/src/plugins/js/project-graph/affected/lock-file-changes.ts
@@ -1,10 +1,25 @@
+import { readNxJson } from '../../../../config/configuration';
 import { TouchedProjectLocator } from '../../../../project-graph/affected/affected-project-graph-models';
 import { WholeFileChange } from '../../../../project-graph/file-utils';
 import { JsonChange } from '../../../../utils/json-diff';
+import { jsPluginConfig as readJsPluginConfig } from '../../utils/config';
+import { findMatchingProjects } from '../../../../utils/find-matching-projects';
 
 export const getTouchedProjectsFromLockFile: TouchedProjectLocator<
   WholeFileChange | JsonChange
 > = (fileChanges, projectGraphNodes): string[] => {
+  const nxJson = readNxJson();
+  const { projectsAffectedByDependencyUpdates } = readJsPluginConfig(nxJson);
+
+  if (projectsAffectedByDependencyUpdates === 'auto') {
+    return [];
+  } else if (Array.isArray(projectsAffectedByDependencyUpdates)) {
+    return findMatchingProjects(
+      projectsAffectedByDependencyUpdates,
+      projectGraphNodes
+    );
+  }
+
   const lockFiles = [
     'package-lock.json',
     'yarn.lock',
diff --git a/packages/nx/src/plugins/js/project-graph/affected/npm-packages.ts b/packages/nx/src/plugins/js/project-graph/affected/npm-packages.ts
index 33b02fb1b4f27..b3d62460c8a1f 100644
--- a/packages/nx/src/plugins/js/project-graph/affected/npm-packages.ts
+++ b/packages/nx/src/plugins/js/project-graph/affected/npm-packages.ts
@@ -13,6 +13,8 @@ import {
   ProjectGraphExternalNode,
   ProjectGraphProjectNode,
 } from '../../../../config/project-graph';
+import { NxJsonConfiguration } from '../../../../config/nx-json';
+import { getPackageNameFromImportPath } from '../../../../utils/get-package-name-from-import-path';
 
 export const getTouchedNpmPackages: TouchedProjectLocator<
   WholeFileChange | JsonChange
@@ -20,6 +22,8 @@ export const getTouchedNpmPackages: TouchedProjectLocator<
   const packageJsonChange = touchedFiles.find((f) => f.file === 'package.json');
   if (!packageJsonChange) return [];
 
+  const globalPackages = new Set(getGlobalPackages(nxJson.plugins));
+
   let touched = [];
   const changes = packageJsonChange.getChanges();
 
@@ -59,6 +63,12 @@ export const getTouchedNpmPackages: TouchedProjectLocator<
             touched.push(implementationNpmPackage.name);
           }
         }
+
+        if ('packageName' in npmPackage.data) {
+          if (globalPackages.has(npmPackage.data.packageName)) {
+            return Object.keys(projectGraph.nodes);
+          }
+        }
       }
     } else if (isWholeFileChange(c)) {
       // Whole file was touched, so all npm packages are touched.
@@ -76,3 +86,11 @@ export const getTouchedNpmPackages: TouchedProjectLocator<
   }
   return touched;
 };
+
+function getGlobalPackages(plugins: NxJsonConfiguration['plugins']) {
+  return (plugins ?? [])
+    .map((p) =>
+      getPackageNameFromImportPath(typeof p === 'string' ? p : p.plugin)
+    )
+    .concat('nx');
+}
diff --git a/packages/nx/src/plugins/js/project-graph/build-dependencies/target-project-locator.ts b/packages/nx/src/plugins/js/project-graph/build-dependencies/target-project-locator.ts
index cdd2d8203d953..ba46ea4bf7c48 100644
--- a/packages/nx/src/plugins/js/project-graph/build-dependencies/target-project-locator.ts
+++ b/packages/nx/src/plugins/js/project-graph/build-dependencies/target-project-locator.ts
@@ -17,7 +17,7 @@ import {
   getRootTsConfigFileName,
   resolveModuleByImport,
 } from '../../utils/typescript';
-
+import { getPackageNameFromImportPath } from '../../../../utils/get-package-name-from-import-path';
 /**
  * The key is a combination of the package name and the workspace relative directory
  * containing the file importing it e.g. `lodash__packages/my-lib`, the value is the
@@ -36,7 +36,7 @@ const builtInModuleSet = new Set<string>([
 ]);
 
 export function isBuiltinModuleImport(importExpr: string): boolean {
-  const packageName = parsePackageNameFromImportExpression(importExpr);
+  const packageName = getPackageNameFromImportPath(importExpr);
   return builtInModuleSet.has(packageName);
 }
 
@@ -153,7 +153,7 @@ export class TargetProjectLocator {
     importExpr: string,
     fromFilePath: string
   ): string | null {
-    const packageName = parsePackageNameFromImportExpression(importExpr);
+    const packageName = getPackageNameFromImportPath(importExpr);
 
     let fullFilePath = fromFilePath;
     let workspaceRelativeFilePath = fromFilePath;
@@ -362,15 +362,3 @@ export class TargetProjectLocator {
     }
   }
 }
-
-function parsePackageNameFromImportExpression(
-  importExpression: string
-): string {
-  // Check if the package is scoped
-  if (importExpression.startsWith('@')) {
-    // For scoped packages, the package name is up to the second '/'
-    return importExpression.split('/').slice(0, 2).join('/');
-  }
-  // For unscoped packages, the package name is up to the first '/'
-  return importExpression.split('/')[0];
-}
diff --git a/packages/nx/src/plugins/js/utils/config.ts b/packages/nx/src/plugins/js/utils/config.ts
index baef4c7b48cfe..4f681aa6e7f0f 100644
--- a/packages/nx/src/plugins/js/utils/config.ts
+++ b/packages/nx/src/plugins/js/utils/config.ts
@@ -29,6 +29,7 @@ export function jsPluginConfig(
       analyzePackageJson: true,
       analyzeSourceFiles: true,
       analyzeLockfile,
+      projectsAffectedByDependencyUpdates: 'all',
       ...nxJsonConfig,
     };
   }
@@ -38,6 +39,7 @@ export function jsPluginConfig(
       analyzeLockfile: false,
       analyzePackageJson: false,
       analyzeSourceFiles: false,
+      projectsAffectedByDependencyUpdates: 'all',
     };
   }
 
@@ -69,12 +71,14 @@ export function jsPluginConfig(
       analyzePackageJson: true,
       analyzeLockfile,
       analyzeSourceFiles: true,
+      projectsAffectedByDependencyUpdates: 'all',
     };
   } else {
     return {
       analyzePackageJson: true,
       analyzeLockfile,
       analyzeSourceFiles: false,
+      projectsAffectedByDependencyUpdates: 'all',
     };
   }
 }
diff --git a/packages/nx/src/project-graph/affected/affected-project-graph.ts b/packages/nx/src/project-graph/affected/affected-project-graph.ts
index 7bbfd3c731a1d..52cc5c8f0f218 100644
--- a/packages/nx/src/project-graph/affected/affected-project-graph.ts
+++ b/packages/nx/src/project-graph/affected/affected-project-graph.ts
@@ -60,10 +60,10 @@ function filterAffectedProjects(
   };
   const reversed = reverse(graph);
   ctx.touchedProjects.forEach((p) => {
-    addAffectedNodes(p, reversed, result, []);
+    addAffectedNodes(p, reversed, result, new Set());
   });
   ctx.touchedProjects.forEach((p) => {
-    addAffectedDependencies(p, reversed, result, []);
+    addAffectedDependencies(p, reversed, result, new Set());
   });
   return result;
 }
@@ -72,15 +72,15 @@ function addAffectedNodes(
   startingProject: string,
   reversed: ProjectGraph,
   result: ProjectGraph,
-  visited: string[]
+  visited: Set<string>
 ): void {
-  if (visited.indexOf(startingProject) > -1) return;
+  if (visited.has(startingProject)) return;
   const reversedNode = reversed.nodes[startingProject];
   const reversedExternalNode = reversed.externalNodes[startingProject];
   if (!reversedNode && !reversedExternalNode) {
     throw new Error(`Invalid project name is detected: "${startingProject}"`);
   }
-  visited.push(startingProject);
+  visited.add(startingProject);
   if (reversedNode) {
     result.nodes[startingProject] = reversedNode;
     result.dependencies[startingProject] = [];
@@ -96,10 +96,10 @@ function addAffectedDependencies(
   startingProject: string,
   reversed: ProjectGraph,
   result: ProjectGraph,
-  visited: string[]
+  visited: Set<string>
 ): void {
-  if (visited.indexOf(startingProject) > -1) return;
-  visited.push(startingProject);
+  if (visited.has(startingProject)) return;
+  visited.add(startingProject);
   if (reversed.dependencies[startingProject]) {
     reversed.dependencies[startingProject].forEach(({ target }) =>
       addAffectedDependencies(target, reversed, result, visited)
diff --git a/packages/nx/src/utils/get-package-name-from-import-path.spec.ts b/packages/nx/src/utils/get-package-name-from-import-path.spec.ts
new file mode 100644
index 0000000000000..d0d7bec5fc13e
--- /dev/null
+++ b/packages/nx/src/utils/get-package-name-from-import-path.spec.ts
@@ -0,0 +1,13 @@
+import { getPackageNameFromImportPath } from './get-package-name-from-import-path';
+
+describe('getPackageNameFromImportPath', () => {
+  it.each([
+    ['@nx/workspace', '@nx/workspace'],
+    ['@nx/workspace/plugin', '@nx/workspace'],
+    ['@nx/workspace/other', '@nx/workspace'],
+    ['nx/plugin', 'nx'],
+    ['nx', 'nx'],
+  ])('should return %s for %s', (input, expected) => {
+    expect(getPackageNameFromImportPath(input)).toEqual(expected);
+  });
+});
diff --git a/packages/nx/src/utils/get-package-name-from-import-path.ts b/packages/nx/src/utils/get-package-name-from-import-path.ts
new file mode 100644
index 0000000000000..9269c07b27e30
--- /dev/null
+++ b/packages/nx/src/utils/get-package-name-from-import-path.ts
@@ -0,0 +1,14 @@
+//# Converts import paths to package names.
+//# e.g. - `@nx/workspace`        -> `@nx/workspace`
+//#      - `@nx/workspace/plugin` -> `@nx/workspace`
+//#      - `@nx/workspace/other`  -> `@nx/workspace`
+//#      - `nx/plugin`            -> `nx`
+export function getPackageNameFromImportPath(importExpression: string) {
+  // Check if the package is scoped
+  if (importExpression.startsWith('@')) {
+    // For scoped packages, the package name is up to the second '/'
+    return importExpression.split('/').slice(0, 2).join('/');
+  }
+  // For unscoped packages, the package name is up to the first '/'
+  return importExpression.split('/')[0];
+}