diff --git a/packages/graphics/nvidia/package.mk b/packages/graphics/nvidia/package.mk
index e096d761de..f030cfd4b6 100644
--- a/packages/graphics/nvidia/package.mk
+++ b/packages/graphics/nvidia/package.mk
@@ -2,8 +2,8 @@
 # Copyright (C) 2021-present Team LibreELEC (https://libreelec.tv)
 
 PKG_NAME="nvidia"
-PKG_VERSION="550.120"
-PKG_SHA256="900c2e78287cf29acb9f884b6a538d57bf1addccaa1a86eb73d226457f786181"
+PKG_VERSION="550.127.05"
+PKG_SHA256="27343aa3eecf10e90c5abd6d4edfdcc5bfcc0a2b07eb90e41310f837d06a8fb7"
 PKG_ARCH="x86_64"
 PKG_LICENSE="nonfree"
 PKG_SITE="https://www.nvidia.com/en-us/drivers/unix/"
diff --git a/packages/x11/driver/xf86-video-nvidia/package.mk b/packages/x11/driver/xf86-video-nvidia/package.mk
index 81c48c6911..9e9b16b940 100644
--- a/packages/x11/driver/xf86-video-nvidia/package.mk
+++ b/packages/x11/driver/xf86-video-nvidia/package.mk
@@ -6,8 +6,8 @@ PKG_NAME="xf86-video-nvidia"
 # Remember to run "python3 packages/x11/driver/xf86-video-nvidia/scripts/make_nvidia_udev.py" and commit
 # changes to "packages/x11/driver/xf86-video-nvidia/udev.d/96-nvidia.rules" whenever bumping version.
 # The build host may require installation of python3-lxml and python3-requests packages.
-PKG_VERSION="550.120"
-PKG_SHA256="900c2e78287cf29acb9f884b6a538d57bf1addccaa1a86eb73d226457f786181"
+PKG_VERSION="550.127.05"
+PKG_SHA256="27343aa3eecf10e90c5abd6d4edfdcc5bfcc0a2b07eb90e41310f837d06a8fb7"
 PKG_ARCH="x86_64"
 PKG_LICENSE="nonfree"
 PKG_SITE="https://www.nvidia.com/en-us/drivers/unix/"