diff --git a/CMakeLists.txt b/CMakeLists.txt
index 0857e07a..ebfa3793 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -111,7 +111,7 @@ ExternalProject_Add(curl
 ExternalProject_Add(grpc-repo
   PREFIX grpc-repo
   GIT_REPOSITORY "https://github.com/grpc/grpc.git"
-  GIT_TAG "v1.48.0"
+  GIT_TAG "v1.54.3"
   SOURCE_DIR "${CMAKE_CURRENT_BINARY_DIR}/grpc-repo/src/grpc"
   EXCLUDE_FROM_ALL ON
   CONFIGURE_COMMAND ""
@@ -120,7 +120,7 @@ ExternalProject_Add(grpc-repo
   TEST_COMMAND ""
   CMAKE_CACHE_ARGS
     -DCMAKE_CXX_STANDARD:STRING=${TRITON_MIN_CXX_STANDARD}
-  PATCH_COMMAND python3 ${CMAKE_CURRENT_SOURCE_DIR}/tools/install_src.py --src <SOURCE_DIR> ${INSTALL_SRC_DEST_ARG} --dest-basename=grpc_1.48.0
+  PATCH_COMMAND python3 ${CMAKE_CURRENT_SOURCE_DIR}/tools/install_src.py --src <SOURCE_DIR> ${INSTALL_SRC_DEST_ARG} --dest-basename=grpc_1.54.3
 )
 #
 # Build nlohmann/json
@@ -181,7 +181,6 @@ ExternalProject_Add(protobuf
     -DCMAKE_BUILD_TYPE:STRING=RELEASE
     -DBUILD_SHARED_LIBS:STRING=no
     -DCMAKE_INSTALL_PREFIX:PATH=${TRITON_THIRD_PARTY_INSTALL_PREFIX}/protobuf
-  PATCH_COMMAND git cherry-pick -n f180289c4670ca1afde5865bb8a7f2b61a3efcc5
   DEPENDS grpc-repo absl
 )