diff --git a/Makefile b/Makefile
index 2ddccfa0..0fe2471c 100644
--- a/Makefile
+++ b/Makefile
@@ -15,9 +15,9 @@
 MKDIR    ?= mkdir
 REGISTRY ?= nvidia
 
-DCGM_VERSION   := 3.2.6
+DCGM_VERSION   := 3.3.0
 GOLANG_VERSION := 1.18
-VERSION        := 3.1.9
+VERSION        := 3.2.0
 FULL_VERSION   := $(DCGM_VERSION)-$(VERSION)
 OUTPUT         := type=oci,dest=/tmp/dcgm-exporter.tar
 PLATFORMS      := linux/amd64,linux/arm64
diff --git a/README.md b/README.md
index dac85380..6b0ae059 100644
--- a/README.md
+++ b/README.md
@@ -10,7 +10,7 @@ Official documentation for DCGM-Exporter can be found on [docs.nvidia.com](https
 
 To gather metrics on a GPU node, simply start the `dcgm-exporter` container:
 ```
-$ docker run -d --gpus all --rm -p 9400:9400 nvcr.io/nvidia/k8s/dcgm-exporter:3.2.5-3.1.8-ubuntu20.04
+$ docker run -d --gpus all --rm -p 9400:9400 nvcr.io/nvidia/k8s/dcgm-exporter:3.3.0-3.2.0-ubuntu22.04
 $ curl localhost:9400/metrics
 # HELP DCGM_FI_DEV_SM_CLOCK SM clock frequency (in MHz).
 # TYPE DCGM_FI_DEV_SM_CLOCK gauge
diff --git a/dcgm-exporter.yaml b/dcgm-exporter.yaml
index db98bbed..538e2cd0 100644
--- a/dcgm-exporter.yaml
+++ b/dcgm-exporter.yaml
@@ -18,23 +18,23 @@ metadata:
   name: "dcgm-exporter"
   labels:
     app.kubernetes.io/name: "dcgm-exporter"
-    app.kubernetes.io/version: "3.1.8"
+    app.kubernetes.io/version: "3.2.0"
 spec:
   updateStrategy:
     type: RollingUpdate
   selector:
     matchLabels:
       app.kubernetes.io/name: "dcgm-exporter"
-      app.kubernetes.io/version: "3.1.8"
+      app.kubernetes.io/version: "3.2.0"
   template:
     metadata:
       labels:
         app.kubernetes.io/name: "dcgm-exporter"
-        app.kubernetes.io/version: "3.1.8"
+        app.kubernetes.io/version: "3.2.0"
       name: "dcgm-exporter"
     spec:
       containers:
-      - image: "nvcr.io/nvidia/k8s/dcgm-exporter:3.2.5-3.1.8-ubuntu20.04"
+      - image: "nvcr.io/nvidia/k8s/dcgm-exporter:3.3.0-3.2.0-ubuntu22.04"
         env:
         - name: "DCGM_EXPORTER_LISTEN"
           value: ":9400"
@@ -64,11 +64,11 @@ metadata:
   name: "dcgm-exporter"
   labels:
     app.kubernetes.io/name: "dcgm-exporter"
-    app.kubernetes.io/version: "3.1.8"
+    app.kubernetes.io/version: "3.2.0"
 spec:
   selector:
     app.kubernetes.io/name: "dcgm-exporter"
-    app.kubernetes.io/version: "3.1.8"
+    app.kubernetes.io/version: "3.2.0"
   ports:
   - name: "metrics"
     port: 9400
diff --git a/deployment/Chart.yaml b/deployment/Chart.yaml
index 5cce8d02..8d6ed420 100644
--- a/deployment/Chart.yaml
+++ b/deployment/Chart.yaml
@@ -1,9 +1,9 @@
 apiVersion: v2
 name: dcgm-exporter
 description: A Helm chart for DCGM exporter
-version: "3.1.8"
+version: "3.2.0"
 kubeVersion: ">= 1.19.0-0"
-appVersion: "3.1.8"
+appVersion: "3.2.0"
 sources:
 - https://github.com/nvidia/dcgm-exporter
 home: https://github.com/nvidia/dcgm-exporter/
diff --git a/deployment/values.yaml b/deployment/values.yaml
index 5c22cb5e..d96c0f5f 100644
--- a/deployment/values.yaml
+++ b/deployment/values.yaml
@@ -17,7 +17,7 @@ image:
   pullPolicy: IfNotPresent
   # Image tag defaults to AppVersion, but you can use the tag key
   # for the image tag, e.g:
-  tag: 3.2.5-3.1.8-ubuntu20.04
+  tag: 3.3.0-3.2.0-ubuntu22.04
 
 # Change the following reference to "/etc/dcgm-exporter/default-counters.csv"
 # to stop profiling metrics from DCGM
diff --git a/service-monitor.yaml b/service-monitor.yaml
index b288d019..8e6e9471 100644
--- a/service-monitor.yaml
+++ b/service-monitor.yaml
@@ -18,12 +18,12 @@ metadata:
   name: "dcgm-exporter"
   labels:
     app.kubernetes.io/name: "dcgm-exporter"
-    app.kubernetes.io/version: "3.1.8"
+    app.kubernetes.io/version: "3.2.0"
 spec:
   selector:
     matchLabels:
       app.kubernetes.io/name: "dcgm-exporter"
-      app.kubernetes.io/version: "3.1.8"
+      app.kubernetes.io/version: "3.2.0"
   endpoints:
   - port: "metrics"
     path: "/metrics"