diff --git a/onnxruntime/core/providers/migraphx/migraphx_execution_provider.cc b/onnxruntime/core/providers/migraphx/migraphx_execution_provider.cc
index 8b45a3cf25258..314e278695c49 100644
--- a/onnxruntime/core/providers/migraphx/migraphx_execution_provider.cc
+++ b/onnxruntime/core/providers/migraphx/migraphx_execution_provider.cc
@@ -1299,7 +1299,7 @@ Status MIGraphXExecutionProvider::Compile(const std::vector<FusedNodeAndGraph>&
       if (!input_shape_match) {
         if (!load_precompiled_model(prog, load_compiled_model_, std::string{load_compiled_path_})) {
           LOGS_DEFAULT(VERBOSE) << "No Input shapes mismatch detected. Recompiling" << std::endl;
-          cmp_options.set_external_data_path(model_path_.parent_path().string());
+          cmp_options.set_external_data_path(model_path_.has_parent_path() ? model_path_.parent_path().string() : std::filesystem::current_path().string());
           prog = migraphx::parse_onnx_buffer(onnx_string, cmp_options);
 
           // Read in the calibration data and map it to an migraphx paramater map for the calibration ops