diff --git a/manifests/manifest.yml b/manifests/manifest.yml
index 37f5fe73ec..95e9d4f3a8 100644
--- a/manifests/manifest.yml
+++ b/manifests/manifest.yml
@@ -16,8 +16,8 @@ components:
     asset_name: igc
     dest_dir: igc
     type: git
-    branch: releases/igc-1.0.15368
-    revision: 6a22cba65fbb24c204c6c2ead3c1e112fb1f647e
+    branch: releases/igc-1.0.15408
+    revision: 699198b14de95dbfd34213ee324c883c50b99951
     repository: https://github.com/intel/intelgraphicscompiler
   igsc:
     asset_name: igsc
@@ -42,7 +42,7 @@ components:
     dest_dir: kernels_bin
     type: git
     branch: kernels_bin
-    revision: 2140-969
+    revision: 2140-988
   kmdaf:
     branch: kmdaf
     dest_dir: kmdaf