diff --git a/charts/system/intel-gpu-plugin/Chart.yaml b/charts/system/intel-gpu-plugin/Chart.yaml
index 0d919e973b3..d63358698d8 100644
--- a/charts/system/intel-gpu-plugin/Chart.yaml
+++ b/charts/system/intel-gpu-plugin/Chart.yaml
@@ -9,7 +9,7 @@ annotations:
   truecharts.org/min_helm_version: "3.14"
   truecharts.org/train: system
 apiVersion: v2
-appVersion: 0.32.1
+appVersion: 0.34.0
 dependencies:
   - name: common
     version: 28.17.1
@@ -36,5 +36,5 @@ sources:
   - https://github.com/trueforge-org/truecharts/tree/master/charts/system/intel-gpu-plugin
   - https://hub.docker.com/r/intel/intel-gpu-plugin
 type: application
-version: 1.4.1
+version: 1.5.0
 
diff --git a/charts/system/intel-gpu-plugin/values.yaml b/charts/system/intel-gpu-plugin/values.yaml
index 2b232cf0f6f..e6a48d47a19 100644
--- a/charts/system/intel-gpu-plugin/values.yaml
+++ b/charts/system/intel-gpu-plugin/values.yaml
@@ -1,7 +1,7 @@
 image:
   repository: docker.io/intel/intel-gpu-plugin
   pullPolicy: IfNotPresent
-  tag: 0.32.1@sha256:42cbcb436fa5b6c97ee7c0da29b538308070c6ebc2690b4cb3c1989abfc72bec
+  tag: 0.34.0@sha256:bbe2c9a1422a15c666e0a190c7c14a10ec9c22426474f3d9e4204bb8d3e70aa9
 
 service:
   main: