diff --git a/eng/Version.Details.xml b/eng/Version.Details.xml
index 639c59bb3007..6c6b85fe0529 100644
--- a/eng/Version.Details.xml
+++ b/eng/Version.Details.xml
@@ -45,9 +45,9 @@
       <Uri>https://github.com/dotnet/fsharp</Uri>
       <Sha>66042d33b998a180edbd99af6064da85f8977bf3</Sha>
     </Dependency>
-    <Dependency Name="Microsoft.Net.Compilers.Toolset" Version="3.7.0-5.20365.2">
+    <Dependency Name="Microsoft.Net.Compilers.Toolset" Version="3.8.0-1.20367.11">
       <Uri>https://github.com/dotnet/roslyn</Uri>
-      <Sha>598796cd274b852b5be35398133516e19f543744</Sha>
+      <Sha>fb7b2e716d163b7abebf57db505e01a4a521ddae</Sha>
     </Dependency>
     <Dependency Name="Microsoft.AspNetCore.DeveloperCertificates.XPlat" Version="5.0.0-preview.8.20364.16">
       <Uri>https://github.com/dotnet/aspnetcore</Uri>
diff --git a/eng/Versions.props b/eng/Versions.props
index 379158a16e4e..af63f945c74c 100644
--- a/eng/Versions.props
+++ b/eng/Versions.props
@@ -111,7 +111,7 @@
   </PropertyGroup>
   <PropertyGroup>
     <!-- Dependencies from https://github.com/dotnet/roslyn -->
-    <MicrosoftNetCompilersToolsetPackageVersion>3.7.0-5.20365.2</MicrosoftNetCompilersToolsetPackageVersion>
+    <MicrosoftNetCompilersToolsetPackageVersion>3.8.0-1.20367.11</MicrosoftNetCompilersToolsetPackageVersion>
   </PropertyGroup>
   <PropertyGroup>
     <!-- Dependencies from https://github.com/aspnet/AspNetCore -->