diff --git a/package.json b/package.json
index 2e1c0e4..9012e45 100644
--- a/package.json
+++ b/package.json
@@ -40,7 +40,7 @@
     "@typescript-eslint/eslint-plugin": "5.60.0",
     "@typescript-eslint/parser": "5.60.0",
     "bob-the-bundler": "4.1.1",
-    "chalk": "5.2.0",
+    "chalk": "5.3.0",
     "eslint": "8.43.0",
     "eslint-config-prettier": "8.8.0",
     "eslint-config-standard": "17.1.0",
diff --git a/packages/setup/redwoodjs/package.json b/packages/setup/redwoodjs/package.json
index 2cad31f..cca4a12 100644
--- a/packages/setup/redwoodjs/package.json
+++ b/packages/setup/redwoodjs/package.json
@@ -68,7 +68,7 @@
     "@iarna/toml": "2.2.5",
     "@redwoodjs/cli-helpers": "5.3.1",
     "camelcase": "6.3.0",
-    "chalk": "5.2.0",
+    "chalk": "5.3.0",
     "deepmerge": "4.3.1",
     "execa": "5.1.1",
     "fast-glob": "3.2.12",
diff --git a/yarn.lock b/yarn.lock
index 868677a..19b9015 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -3538,6 +3538,11 @@ chalk@5.2.0:
   resolved "https://registry.yarnpkg.com/chalk/-/chalk-5.2.0.tgz#249623b7d66869c673699fb66d65723e54dfcfb3"
   integrity sha512-ree3Gqw/nazQAPuJJEy+avdl7QfZMcUvmHIKgEZkGL+xOBzRvup5Hxo6LHuMceSxOabuJLJm5Yp/92R9eMmMvA==
 
+chalk@5.3.0:
+  version "5.3.0"
+  resolved "https://registry.yarnpkg.com/chalk/-/chalk-5.3.0.tgz#67c20a7ebef70e7f3970a01f90fa210cb6860385"
+  integrity sha512-dLitG79d+GV1Nb/VYcCDFivJeK1hiukt9QjRNVOsUtTy1rR1YJsmpGGTZ3qJos+uw7WmWF4wUwBd9jxjocFC2w==
+
 chalk@^2.0.0, chalk@^2.1.0:
   version "2.4.2"
   resolved "https://registry.yarnpkg.com/chalk/-/chalk-2.4.2.tgz#cd42541677a54333cf541a49108c1432b44c9424"