diff --git a/.ci/docker/ci_commit_pins/pytorch.txt b/.ci/docker/ci_commit_pins/pytorch.txt
index 3c387a6a324..af80fa602c7 100644
--- a/.ci/docker/ci_commit_pins/pytorch.txt
+++ b/.ci/docker/ci_commit_pins/pytorch.txt
@@ -1 +1 @@
-5ba404f68775bb06a1125a100687f86b6d6de6a8
+4b2970f7cd3cdd56883cacf116a8693862f89db5
diff --git a/install_requirements.py b/install_requirements.py
index 6563b395e80..2fb4d410db3 100644
--- a/install_requirements.py
+++ b/install_requirements.py
@@ -94,7 +94,7 @@ def python_is_compatible():
 # NOTE: If a newly-fetched version of the executorch repo changes the value of
 # NIGHTLY_VERSION, you should re-run this script to install the necessary
 # package versions.
-NIGHTLY_VERSION = "dev20240927"
+NIGHTLY_VERSION = "dev20241002"
 
 # The pip repository that hosts nightly torch packages.
 TORCH_NIGHTLY_URL = "https://download.pytorch.org/whl/nightly/cpu"