diff --git a/charts/stable/memcached/Chart.yaml b/charts/stable/memcached/Chart.yaml
index 2d8b8974aa0..d5e51e3e6ed 100644
--- a/charts/stable/memcached/Chart.yaml
+++ b/charts/stable/memcached/Chart.yaml
@@ -6,7 +6,7 @@ annotations:
   truecharts.org/min_helm_version: "3.11"
   truecharts.org/train: stable
 apiVersion: v2
-appVersion: 1.6.37
+appVersion: 1.6.38
 dependencies:
   - name: common
     version: 25.4.10
@@ -34,4 +34,4 @@ sources:
   - https://github.com/bitnami/bitnami-docker-memcached
   - https://github.com/truecharts/charts/tree/master/charts/stable/memcached
 type: application
-version: 14.5.7
+version: 14.5.8
diff --git a/charts/stable/memcached/values.yaml b/charts/stable/memcached/values.yaml
index 61e2c3bc7ce..a77b6b0724a 100644
--- a/charts/stable/memcached/values.yaml
+++ b/charts/stable/memcached/values.yaml
@@ -1,7 +1,7 @@
 image:
   repository: public.ecr.aws/bitnami/memcached
   pullPolicy: IfNotPresent
-  tag: 1.6.37@sha256:59c6cefcb10da48bdab7679f2eacafb6647fc23133a1c72c69c52a3edcfc8b18
+  tag: 1.6.38@sha256:fff7d8be9f0d56f47b97080e64472dcc8f6b08dc567fa700f08ef035d374822a
 
 includeCommon: true
 service: