diff --git a/src/plugins/intel_myriad/myriad_dependencies.cmake b/src/plugins/intel_myriad/myriad_dependencies.cmake
index 438af399140..b82166eac51 100644
--- a/src/plugins/intel_myriad/myriad_dependencies.cmake
+++ b/src/plugins/intel_myriad/myriad_dependencies.cmake
@@ -6,14 +6,14 @@ include_guard(GLOBAL)
 
 set(VPU_SUPPORTED_FIRMWARES usb-ma2x8x pcie-ma2x8x)
 set(VPU_SUPPORTED_FIRMWARES_HASH
-    "17b10ca669009e4635e811dfc97da18fc004fc91aab4372ab72f5e635d0b16e3"
-    "7373e54ef8520af51ca5f665be28c3ea2ebccc65aabdb365c2becd5c3254305f")
+    "f7351b2e26f25d652a0539f6ace5797d7700735d52479c3e6ef354c236abbd3a"
+    "439219aeac010f8b85f19838420e9a247f2cdf23a6d00e7727cf92d96dbdaeeb")
 
 #
 # Default packages
 #
 
-set(FIRMWARE_PACKAGE_VERSION 20230117_37)
+set(FIRMWARE_PACKAGE_VERSION 20230121_38)
 set(VPU_CLC_MA2X8X_VERSION "movi-cltools-22.08.1")
 
 #