diff --git a/parts/common/components.json b/parts/common/components.json
index 602559418d7..9d63d9e43fa 100644
--- a/parts/common/components.json
+++ b/parts/common/components.json
@@ -522,8 +522,8 @@
         },
         {
           "renovateTag": "registry=https://mcr.microsoft.com, name=oss/v2/kubernetes/azure-cloud-node-manager",
-          "latestVersion": "v1.34.6-1",
-          "previousLatestVersion": "v1.34.3-3"
+          "latestVersion": "v1.34.8-2",
+          "previousLatestVersion": "v1.34.6-1"
         },
         {
           "renovateTag": "registry=https://mcr.microsoft.com, name=oss/v2/kubernetes/azure-cloud-node-manager",