diff --git a/packages/gatsby-plugin-manifest/package.json b/packages/gatsby-plugin-manifest/package.json
index 8a195c63603aa..98a55e0c2521a 100644
--- a/packages/gatsby-plugin-manifest/package.json
+++ b/packages/gatsby-plugin-manifest/package.json
@@ -10,7 +10,7 @@
     "@babel/runtime": "^7.12.5",
     "gatsby-core-utils": "^1.8.0-next.0",
     "gatsby-plugin-utils": "^0.7.0-next.0",
-    "semver": "^7.3.2",
+    "semver": "^7.3.4",
     "sharp": "^0.26.3"
   },
   "devDependencies": {
diff --git a/yarn.lock b/yarn.lock
index 035a9718ca3e7..9607d907dbf74 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -22543,10 +22543,12 @@ semver@7.0.0:
   resolved "https://registry.yarnpkg.com/semver/-/semver-7.0.0.tgz#5f3ca35761e47e05b206c6daff2cf814f0316b8e"
   integrity sha512-+GB6zVA9LWh6zovYQLALHwv5rb2PHGlJi3lfiqIHxR0uuwCgefcOJc59v9fv1w8GbStwxuuqqAjI9NMAOOgq1A==
 
-semver@^7.2.1, semver@^7.3.2:
-  version "7.3.2"
-  resolved "https://registry.yarnpkg.com/semver/-/semver-7.3.2.tgz#604962b052b81ed0786aae84389ffba70ffd3938"
-  integrity sha512-OrOb32TeeambH6UrhtShmF7CRDqhL6/5XpPNp2DuRH6+9QLw/orhp72j87v8Qa1ScDkvrrBNpZcDejAirJmfXQ==
+semver@^7.2.1, semver@^7.3.2, semver@^7.3.4:
+  version "7.3.4"
+  resolved "https://registry.yarnpkg.com/semver/-/semver-7.3.4.tgz#27aaa7d2e4ca76452f98d3add093a72c943edc97"
+  integrity sha512-tCfb2WLjqFAtXn4KEdxIhalnRtoKFN7nAwj0B3ZXCbQloV2tq5eDbcTmT68JJD3nRJq24/XgxtQKFIpQdtvmVw==
+  dependencies:
+    lru-cache "^6.0.0"
 
 semver@~5.3.0:
   version "5.3.0"