diff --git a/recipes-devtools/cargo/cargo_1.32.0.bb b/recipes-devtools/cargo/cargo_1.34.2.bb
similarity index 100%
rename from recipes-devtools/cargo/cargo_1.32.0.bb
rename to recipes-devtools/cargo/cargo_1.34.2.bb
diff --git a/recipes-devtools/rust/libstd-rs_1.32.0.bb b/recipes-devtools/rust/libstd-rs_1.34.2.bb
similarity index 64%
rename from recipes-devtools/rust/libstd-rs_1.32.0.bb
rename to recipes-devtools/rust/libstd-rs_1.34.2.bb
index ffedf43..69cb48a 100644
--- a/recipes-devtools/rust/libstd-rs_1.32.0.bb
+++ b/recipes-devtools/rust/libstd-rs_1.34.2.bb
@@ -1,7 +1,7 @@
 require rust-source-${PV}.inc
 require libstd-rs.inc
 
-LIC_FILES_CHKSUM = "file://../../COPYRIGHT;md5=66ddc8ecd998476b7cd5732e8c3a6c1d"
+LIC_FILES_CHKSUM = "file://../../COPYRIGHT;md5=93a95682d51b4cb0a633a97046940ef0"
 
 CARGO_FEATURES ?= "panic-unwind backtrace"
 
diff --git a/recipes-devtools/rust/rust-cross_1.32.0.bb b/recipes-devtools/rust/rust-cross_1.34.2.bb
similarity index 100%
rename from recipes-devtools/rust/rust-cross_1.32.0.bb
rename to recipes-devtools/rust/rust-cross_1.34.2.bb
diff --git a/recipes-devtools/rust/rust-llvm.inc b/recipes-devtools/rust/rust-llvm.inc
index 9ce4683..b4bef38 100644
--- a/recipes-devtools/rust/rust-llvm.inc
+++ b/recipes-devtools/rust/rust-llvm.inc
@@ -3,7 +3,7 @@ LICENSE = "NCSA"
 
 SRC_URI += "file://0002-llvm-allow-env-override-of-exe-path.patch"
 
-S = "${RUSTSRC}/src/llvm"
+S = "${RUSTSRC}/src/llvm-project/llvm"
 
 LIC_FILES_CHKSUM = "file://LICENSE.TXT;md5=4c0bc17c954e99fd547528d938832bfa"
 
diff --git a/recipes-devtools/rust/rust-llvm_1.32.0.bb b/recipes-devtools/rust/rust-llvm_1.34.2.bb
similarity index 100%
rename from recipes-devtools/rust/rust-llvm_1.32.0.bb
rename to recipes-devtools/rust/rust-llvm_1.34.2.bb
diff --git a/recipes-devtools/rust/rust-snapshot-1.32.0.inc b/recipes-devtools/rust/rust-snapshot-1.34.2.inc
similarity index 60%
rename from recipes-devtools/rust/rust-snapshot-1.32.0.inc
rename to recipes-devtools/rust/rust-snapshot-1.34.2.inc
index 84eaf4f..d0209bb 100644
--- a/recipes-devtools/rust/rust-snapshot-1.32.0.inc
+++ b/recipes-devtools/rust/rust-snapshot-1.34.2.inc
@@ -2,11 +2,11 @@
 ## snapshot info is taken from rust/src/stage0.txt
 ## TODO: find a way to add additional SRC_URIs based on the contents of an
 ##       earlier SRC_URI.
-RS_VERSION = "1.31.1"
+RS_VERSION = "1.33.0"
 
 RUST_STD_SNAPSHOT = "rust-std-${RS_VERSION}-${BUILD_ARCH}-unknown-linux-gnu"
 RUSTC_SNAPSHOT = "rustc-${RS_VERSION}-${BUILD_ARCH}-unknown-linux-gnu"
-CARGO_VERSION = "0.32.0"
+CARGO_VERSION = "0.34.0"
 CARGO_SNAPSHOT = "cargo-${CARGO_VERSION}-${BUILD_ARCH}-unknown-linux-gnu"
 
 SRC_URI += " \
@@ -16,9 +16,9 @@ SRC_URI += " \
 	"
 
 # TODO: Add hashes for other architecture toolchains as well. Make a script?
-SRC_URI[rustc-snapshot-x86_64.md5sum] = "83f3f130e9a1c7e855a0c1eed8ac3508"
-SRC_URI[rustc-snapshot-x86_64.sha256sum] = "77d47ce7e27a146e4301f11befd43f3fc5ac195ace0dfc07ac8154f130b057ea"
-SRC_URI[rust-std-snapshot-x86_64.md5sum] = "3115e11612a882713978279635116881"
-SRC_URI[rust-std-snapshot-x86_64.sha256sum] = "699664b3a64959a2d75e486e19e7cc9934cbcbf2c57a977dd2a2b33cff367da1"
-SRC_URI[cargo-snapshot-x86_64.md5sum] = "9ae6d258781870591450ea33d3b1bed9"
-SRC_URI[cargo-snapshot-x86_64.sha256sum] = "b3d3dc57182fb173ecf367f7884dceb855a096d9b9b32eba994e3359ddc68cd4"
+SRC_URI[rustc-snapshot-x86_64.md5sum] = "c1ec989c1965dce754dda1e54274a68c"
+SRC_URI[rustc-snapshot-x86_64.sha256sum] = "54a342f718b712d8a17fd7878ebd37d22a82ebc70b59c421168cd4153fd04c2b"
+SRC_URI[rust-std-snapshot-x86_64.md5sum] = "d573c5bd3a965c973734c1606968a91e"
+SRC_URI[rust-std-snapshot-x86_64.sha256sum] = "661c2ba717ae1502f002b4c6e7aeb8941685c7ea8fe7ac26ed9ede26f615b7af"
+SRC_URI[cargo-snapshot-x86_64.md5sum] = "de0e635afa9bf495cefecea476bfce36"
+SRC_URI[cargo-snapshot-x86_64.sha256sum] = "4795ae5ca3bb8c7c83ca338676bb02b670efa1eb474e346284b629dc872bcce8"
diff --git a/recipes-devtools/rust/rust-source-1.32.0.inc b/recipes-devtools/rust/rust-source-1.34.2.inc
similarity index 67%
rename from recipes-devtools/rust/rust-source-1.32.0.inc
rename to recipes-devtools/rust/rust-source-1.34.2.inc
index 01853b4..4f9952b 100644
--- a/recipes-devtools/rust/rust-source-1.32.0.inc
+++ b/recipes-devtools/rust/rust-source-1.34.2.inc
@@ -1,7 +1,7 @@
 SRC_URI += "https://static.rust-lang.org/dist/rustc-${PV}-src.tar.gz;name=rust"
 
-SRC_URI[rust.md5sum] = "366f049777e00d0d6f15d25895485efb"
-SRC_URI[rust.sha256sum] = "4c594c7712a0e7e8eae6526c464bf6ea1d82f77b4f61717c3fc28fb27ba2224a"
+SRC_URI[rust.md5sum] = "7c85e6a60dda740295f7e004a1fb15e1"
+SRC_URI[rust.sha256sum] = "c69a4a85a1c464368597df8878cb9e1121aae93e215616d45ad7d23af3052f56"
 
 # later versions of rust change the directory that they unextract to
 RUSTSRC = "${WORKDIR}/rustc-${PV}-src"
diff --git a/recipes-devtools/rust/rust_1.32.0.bb b/recipes-devtools/rust/rust_1.34.2.bb
similarity index 100%
rename from recipes-devtools/rust/rust_1.32.0.bb
rename to recipes-devtools/rust/rust_1.34.2.bb