diff --git a/.ci/docker/ci_commit_pins/pytorch.txt b/.ci/docker/ci_commit_pins/pytorch.txt
index d1e1e4843bc..461c8c71e30 100644
--- a/.ci/docker/ci_commit_pins/pytorch.txt
+++ b/.ci/docker/ci_commit_pins/pytorch.txt
@@ -1 +1 @@
-19eff28ff3f19b50da46f5a9ff5f4d4d213806fe
+ac47a2d9714278889923ddd40e4210d242d8d4ee
diff --git a/install_requirements.py b/install_requirements.py
index 90e10373293..f15dde5ec9f 100644
--- a/install_requirements.py
+++ b/install_requirements.py
@@ -112,7 +112,7 @@ 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 = "dev20241112"
+NIGHTLY_VERSION = "dev20241121"
 
 # The pip repository that hosts nightly torch packages.
 TORCH_NIGHTLY_URL = "https://download.pytorch.org/whl/nightly/cpu"