diff --git a/cli/CHANGELOG.md b/cli/CHANGELOG.md
index 5c48e555dfb2..a83d987c0b53 100644
--- a/cli/CHANGELOG.md
+++ b/cli/CHANGELOG.md
@@ -13,6 +13,10 @@ _Released 07/05/2023 (PENDING)_
 - Fixed an issue where chrome was not recovering from browser crashes properly. Fixes [#24650](https://github.com/cypress-io/cypress/issues/24650).
 - Fixed a race condition that was causing a GraphQL error to appear on the [Debug page](https://docs.cypress.io/guides/cloud/runs#Debug) when viewing a running Cypress Cloud build. Fixed in [#27134](https://github.com/cypress-io/cypress/pull/27134).
 
+**Dependency Updates:**
+
+ - Update dependency semver to ^7.5.3. Addressed in [#27151](https://github.com/cypress-io/cypress/pull/27151).
+
 ## 12.16.0
 
 _Released 06/26/2023_
diff --git a/cli/package.json b/cli/package.json
index f968022a5979..0308e78ddbcf 100644
--- a/cli/package.json
+++ b/cli/package.json
@@ -57,7 +57,7 @@
     "pretty-bytes": "^5.6.0",
     "proxy-from-env": "1.0.0",
     "request-progress": "^3.0.0",
-    "semver": "^7.3.2",
+    "semver": "^7.5.3",
     "supports-color": "^8.1.1",
     "tmp": "~0.2.1",
     "untildify": "^4.0.0",
diff --git a/npm/create-cypress-tests/package.json b/npm/create-cypress-tests/package.json
index d0fa15b5c53a..b49dcad6e3ec 100644
--- a/npm/create-cypress-tests/package.json
+++ b/npm/create-cypress-tests/package.json
@@ -34,7 +34,7 @@
     "@types/mock-fs": "4.10.0",
     "@types/node": "14.14.31",
     "@types/ora": "^3.2.0",
-    "@types/semver": "7.3.9",
+    "@types/semver": "7.5.0",
     "copy": "0.3.2",
     "mocha": "7.1.1",
     "mock-fs": "5.1.1",
diff --git a/npm/react/package.json b/npm/react/package.json
index a9da1646571f..e7b2505aa7a3 100644
--- a/npm/react/package.json
+++ b/npm/react/package.json
@@ -17,7 +17,7 @@
   },
   "devDependencies": {
     "@cypress/mount-utils": "0.0.0-development",
-    "@types/semver": "7.3.9",
+    "@types/semver": "7.5.0",
     "@vitejs/plugin-react": "4.0.0",
     "axios": "0.21.2",
     "cypress": "0.0.0-development",
@@ -26,7 +26,7 @@
     "react-dom": "16.8.6",
     "react-router": "6.0.0-alpha.1",
     "react-router-dom": "6.0.0-alpha.1",
-    "semver": "^7.3.2",
+    "semver": "^7.5.3",
     "typescript": "^4.7.4",
     "vite": "4.3.2",
     "vite-plugin-require-transform": "1.0.12"
diff --git a/npm/vite-dev-server/package.json b/npm/vite-dev-server/package.json
index 94ccb532fe6a..e1c54913584b 100644
--- a/npm/vite-dev-server/package.json
+++ b/npm/vite-dev-server/package.json
@@ -19,7 +19,7 @@
     "debug": "^4.3.4",
     "find-up": "6.3.0",
     "node-html-parser": "5.3.3",
-    "semver": "^7.3.2"
+    "semver": "^7.5.3"
   },
   "devDependencies": {
     "chai": "^4.3.6",
diff --git a/npm/webpack-dev-server/package.json b/npm/webpack-dev-server/package.json
index f171694dc7c3..7811a10e445d 100644
--- a/npm/webpack-dev-server/package.json
+++ b/npm/webpack-dev-server/package.json
@@ -23,7 +23,7 @@
     "html-webpack-plugin-4": "npm:html-webpack-plugin@^4",
     "html-webpack-plugin-5": "npm:html-webpack-plugin@^5",
     "local-pkg": "0.4.1",
-    "semver": "^7.3.2",
+    "semver": "^7.5.3",
     "speed-measure-webpack-plugin": "1.4.2",
     "tslib": "^2.3.1",
     "webpack-dev-server": "^4.7.4",
diff --git a/package.json b/package.json
index e39a67e581ec..1b2679e2918f 100644
--- a/package.json
+++ b/package.json
@@ -192,7 +192,7 @@
     "rimraf": "3.0.2",
     "semantic-release": "19.0.3",
     "semantic-release-monorepo": "7.0.3",
-    "semver": "7.3.2",
+    "semver": "7.5.3",
     "shelljs": "0.8.5",
     "sinon": "7.3.2",
     "snap-shot-it": "7.9.3",
diff --git a/system-tests/package.json b/system-tests/package.json
index 0a0d0a85f02f..4ead46329acf 100644
--- a/system-tests/package.json
+++ b/system-tests/package.json
@@ -77,7 +77,7 @@
     "multer": "1.4.2",
     "nock": "13.2.9",
     "proxyquire": "2.1.3",
-    "semver": "7.3.2",
+    "semver": "7.5.3",
     "sinon": "5.1.1",
     "snap-shot-it": "7.9.3",
     "ssestream": "1.0.1",
diff --git a/system-tests/projects/cra-ejected/package.json b/system-tests/projects/cra-ejected/package.json
index 6f97d3deac61..c619facac441 100644
--- a/system-tests/projects/cra-ejected/package.json
+++ b/system-tests/projects/cra-ejected/package.json
@@ -43,7 +43,7 @@
     "resolve": "^1.20.0",
     "resolve-url-loader": "^4.0.0",
     "sass-loader": "^12.3.0",
-    "semver": "^7.3.5",
+    "semver": "^7.5.3",
     "source-map-loader": "^3.0.0",
     "style-loader": "^3.3.1",
     "tailwindcss": "^3.0.2",
diff --git a/system-tests/projects/cra-ejected/yarn.lock b/system-tests/projects/cra-ejected/yarn.lock
index f19c8ec32f0d..30475d4bf949 100644
--- a/system-tests/projects/cra-ejected/yarn.lock
+++ b/system-tests/projects/cra-ejected/yarn.lock
@@ -4867,6 +4867,13 @@ lower-case@^2.0.2:
   dependencies:
     tslib "^2.0.3"
 
+lru-cache@^6.0.0:
+  version "6.0.0"
+  resolved "https://registry.yarnpkg.com/lru-cache/-/lru-cache-6.0.0.tgz#6d6fe6570ebd96aaf90fcad1dafa3b2566db3a94"
+  integrity sha512-Jo6dJ04CmSjuznwJSS3pUeWmd/H0ffTlkXXgwZi+eq1UCmqQwCh+eLsYOYCwY991i2Fah4h1BEMCx4qThGbsiA==
+  dependencies:
+    yallist "^4.0.0"
+
 lru-cache@^7.4.0:
   version "7.7.3"
   resolved "https://registry.yarnpkg.com/lru-cache/-/lru-cache-7.7.3.tgz#98cd19eef89ce6a4a3c4502c17c833888677c252"
@@ -6476,6 +6483,13 @@ semver@^7.3.2, semver@^7.3.5:
   dependencies:
     lru-cache "^7.4.0"
 
+semver@^7.5.3:
+  version "7.5.3"
+  resolved "https://registry.yarnpkg.com/semver/-/semver-7.5.3.tgz#161ce8c2c6b4b3bdca6caadc9fa3317a4c4fe88e"
+  integrity sha512-QBlUtyVk/5EeHbi7X0fw6liDZc7BBmEaSYn01fMU1OUYbf6GPsbTtd8WmnqbI20SeycoHSeiybkE/q1Q+qlThQ==
+  dependencies:
+    lru-cache "^6.0.0"
+
 send@0.17.2:
   version "0.17.2"
   resolved "https://registry.yarnpkg.com/send/-/send-0.17.2.tgz#926622f76601c41808012c8bf1688fe3906f7820"
@@ -7575,6 +7589,11 @@ xtend@^4.0.2:
   resolved "https://registry.yarnpkg.com/xtend/-/xtend-4.0.2.tgz#bb72779f5fa465186b1f438f674fa347fdb5db54"
   integrity sha512-LKYU1iAXJXUgAXn9URjiu+MWhyUXHsvfp7mcuYm9dSUKK0/CjtrUwFAxD82/mCWbtLsGjFIad0wIsod4zrTAEQ==
 
+yallist@^4.0.0:
+  version "4.0.0"
+  resolved "https://registry.yarnpkg.com/yallist/-/yallist-4.0.0.tgz#9bb92790d9c0effec63be73519e11a35019a3a72"
+  integrity sha512-3wdGidZyq5PB084XLES5TpOSRA3wjXAlIWMhum2kRcv/41Sn2emQ0dycQW4uZXLejwKvg6EsvbdlVL+FYEct7A==
+
 yaml@^1.10.0, yaml@^1.10.2, yaml@^1.7.2:
   version "1.10.2"
   resolved "https://registry.yarnpkg.com/yaml/-/yaml-1.10.2.tgz#2301c5ffbf12b467de8da2333a459e29e7920e4b"
diff --git a/system-tests/projects/react-app-webpack-5-unconfigured/package.json b/system-tests/projects/react-app-webpack-5-unconfigured/package.json
index be7bda2d02d0..e65185b5878f 100644
--- a/system-tests/projects/react-app-webpack-5-unconfigured/package.json
+++ b/system-tests/projects/react-app-webpack-5-unconfigured/package.json
@@ -46,7 +46,7 @@
     "resolve": "^1.20.0",
     "resolve-url-loader": "^4.0.0",
     "sass-loader": "^12.3.0",
-    "semver": "^7.3.5",
+    "semver": "^7.5.3",
     "source-map-loader": "^3.0.0",
     "style-loader": "^3.3.1",
     "tailwindcss": "^3.0.2",
diff --git a/system-tests/projects/react-app-webpack-5-unconfigured/yarn.lock b/system-tests/projects/react-app-webpack-5-unconfigured/yarn.lock
index fbc034fe189b..3e840ed08e1d 100644
--- a/system-tests/projects/react-app-webpack-5-unconfigured/yarn.lock
+++ b/system-tests/projects/react-app-webpack-5-unconfigured/yarn.lock
@@ -7462,6 +7462,13 @@ semver@^7.3.2, semver@^7.3.5:
   dependencies:
     lru-cache "^6.0.0"
 
+semver@^7.5.3:
+  version "7.5.3"
+  resolved "https://registry.yarnpkg.com/semver/-/semver-7.5.3.tgz#161ce8c2c6b4b3bdca6caadc9fa3317a4c4fe88e"
+  integrity sha512-QBlUtyVk/5EeHbi7X0fw6liDZc7BBmEaSYn01fMU1OUYbf6GPsbTtd8WmnqbI20SeycoHSeiybkE/q1Q+qlThQ==
+  dependencies:
+    lru-cache "^6.0.0"
+
 send@0.17.2:
   version "0.17.2"
   resolved "https://registry.yarnpkg.com/send/-/send-0.17.2.tgz#926622f76601c41808012c8bf1688fe3906f7820"
diff --git a/yarn.lock b/yarn.lock
index e33e5f28b463..3d4cb6ed480b 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -7061,10 +7061,10 @@
     "@types/glob" "*"
     "@types/node" "*"
 
-"@types/semver@7.3.9":
-  version "7.3.9"
-  resolved "https://registry.yarnpkg.com/@types/semver/-/semver-7.3.9.tgz#152c6c20a7688c30b967ec1841d31ace569863fc"
-  integrity sha512-L/TMpyURfBkf+o/526Zb6kd/tchUP3iBDEPjqjb+U2MAJhVRxxrmr2fwpe08E7QsV7YLcpq0tUaQ9O9x97ZIxQ==
+"@types/semver@7.5.0":
+  version "7.5.0"
+  resolved "https://registry.yarnpkg.com/@types/semver/-/semver-7.5.0.tgz#591c1ce3a702c45ee15f47a42ade72c2fd78978a"
+  integrity sha512-G8hZ6XJiHnuhQKR7ZmysCeJWE08o8T0AXtk5darsCaTVsYZhhgUrq53jizaR2FvsoeCwJhlmwTjkXBY5Pn/ZHw==
 
 "@types/send@^0.17.1":
   version "0.17.1"
@@ -26167,6 +26167,13 @@ semver@7.3.7, semver@^7.0.0, semver@^7.1.1, semver@^7.1.2, semver@^7.1.3, semver
   dependencies:
     lru-cache "^6.0.0"
 
+semver@7.5.3, semver@^7.5.3:
+  version "7.5.3"
+  resolved "https://registry.yarnpkg.com/semver/-/semver-7.5.3.tgz#161ce8c2c6b4b3bdca6caadc9fa3317a4c4fe88e"
+  integrity sha512-QBlUtyVk/5EeHbi7X0fw6liDZc7BBmEaSYn01fMU1OUYbf6GPsbTtd8WmnqbI20SeycoHSeiybkE/q1Q+qlThQ==
+  dependencies:
+    lru-cache "^6.0.0"
+
 semver@^6.0.0, semver@^6.1.1, semver@^6.1.2, semver@^6.2.0, semver@^6.3.0:
   version "6.3.0"
   resolved "https://registry.yarnpkg.com/semver/-/semver-6.3.0.tgz#ee0a64c8af5e8ceea67687b133761e1becbd1d3d"