diff --git a/src/cargo/core/compiler/standard_lib.rs b/src/cargo/core/compiler/standard_lib.rs
index d064c72d44d7..1ea6c4a6e61d 100644
--- a/src/cargo/core/compiler/standard_lib.rs
+++ b/src/cargo/core/compiler/standard_lib.rs
@@ -91,7 +91,7 @@ pub fn resolve_std<'cfg>(
         None,
         SourceId::for_git(
             &("https://github.com/solana-labs/compiler-builtins".parse()).unwrap(),
-            GitReference::Tag("solana-tools-v1.36".to_string()),
+            GitReference::Tag("solana-tools-v1.40".to_string()),
         )?,
     )?);
     let crates_io_url = crate::sources::CRATES_IO_INDEX.parse().unwrap();
diff --git a/tests/build-std/main.rs b/tests/build-std/main.rs
index 050391fc957e..537ffc4bc5df 100644
--- a/tests/build-std/main.rs
+++ b/tests/build-std/main.rs
@@ -112,7 +112,7 @@ fn basic() {
         // There have been multiple bugs where every build triggers and update.
         .with_stderr(
             "[UPDATING] git repository `https://github.com/solana-labs/compiler-builtins`\n\
-             warning: Patch `compiler_builtins v0.1.88 (https://github.com/solana-labs/compiler-builtins?tag=solana-tools-v1.36#e6395414)` was not used in the crate graph.\n\
+             warning: Patch `compiler_builtins v0.1.103 (https://github.com/solana-labs/compiler-builtins?tag=solana-tools-v1.40#81ef46f3)` was not used in the crate graph.\n\
              Check that the patched package version and available features are compatible\n\
              with the dependency requirements. If the patch has a different version from\n\
              what is locked in the Cargo.lock file, run `cargo update` to use the new\n\