diff --git a/platform/mellanox/hw-management.mk b/platform/mellanox/hw-management.mk
index f41c2b9a25ce..ff1ea207572d 100644
--- a/platform/mellanox/hw-management.mk
+++ b/platform/mellanox/hw-management.mk
@@ -1,6 +1,6 @@
 # Mellanox HW Management
 
-MLNX_HW_MANAGEMENT_VERSION = 7.0000.2303
+MLNX_HW_MANAGEMENT_VERSION = 7.0000.2308
 
 export MLNX_HW_MANAGEMENT_VERSION
 
diff --git a/platform/mellanox/hw-management/hw-mgmt b/platform/mellanox/hw-management/hw-mgmt
index 7c26a8f6a520..28d83cdb3565 160000
--- a/platform/mellanox/hw-management/hw-mgmt
+++ b/platform/mellanox/hw-management/hw-mgmt
@@ -1 +1 @@
-Subproject commit 7c26a8f6a520b06663992afe874bc56b1fcd9311
+Subproject commit 28d83cdb3565d3b0352cc718fe82a14cacd1d4a5
diff --git a/src/sonic-linux-kernel b/src/sonic-linux-kernel
index feb42b05eb91..87576c061d10 160000
--- a/src/sonic-linux-kernel
+++ b/src/sonic-linux-kernel
@@ -1 +1 @@
-Subproject commit feb42b05eb912ea64f0b4ce17f4bc890929eb57e
+Subproject commit 87576c061d10dfe7de8e8e5cc1bae6bd29b0143b