diff --git a/pkgs/development/python-modules/optimum/default.nix b/pkgs/development/python-modules/optimum/default.nix
index 02485462a8b1..2bdef53e1ff6 100644
--- a/pkgs/development/python-modules/optimum/default.nix
+++ b/pkgs/development/python-modules/optimum/default.nix
@@ -31,7 +31,7 @@
 
 buildPythonPackage rec {
   pname = "optimum";
-  version = "1.23.0";
+  version = "1.23.3";
   pyproject = true;
 
   disabled = pythonOlder "3.7";
@@ -40,7 +40,7 @@ buildPythonPackage rec {
     owner = "huggingface";
     repo = "optimum";
     rev = "refs/tags/v${version}";
-    hash = "sha256-1A430tvuUsMiVmDbISdj2g5l05D6FswGKsjdUBpZrP0=";
+    hash = "sha256-GJp1ukrYxEEwmkge31b02ROWZW5V23TtoEUjhycHpSg=";
   };
 
   build-system = [ setuptools ];