diff --git a/recipes-bsp/traceframework/traceframework_git.bb b/recipes-bsp/traceframework/traceframework_git.bb
index 31818c6e..298ead46 100644
--- a/recipes-bsp/traceframework/traceframework_git.bb
+++ b/recipes-bsp/traceframework/traceframework_git.bb
@@ -7,15 +7,15 @@ TRACEFRAMEWORK_GIT_PROTOCOL = "git"
 TRACEFRAMEWORK_GIT_BRANCH = "master"
 TRACEFRAMEWORK_GIT_DESTSUFFIX = "git/ti/instrumentation/traceframework"
 
-# Below commit ID corresponds to DEV.TFWK-01.01.01.07
-TRACEFRAMEWORK_SRCREV = "8d9c0e3a5bcb43aad98a794c31f42b652c6b3b53"
+# Below commit ID corresponds to DEV.TFWK-01.01.01.08
+TRACEFRAMEWORK_SRCREV = "4e84c37c456ca62188cc9560d4ebf22452dab01f"
 
 BRANCH="${TRACEFRAMEWORK_GIT_BRANCH}"
 SRC_URI = "${TRACEFRAMEWORK_GIT_URI};destsuffix=${TRACEFRAMEWORK_GIT_DESTSUFFIX};protocol=${TRACEFRAMEWORK_GIT_PROTOCOL};branch=${BRANCH}"
 SRCREV = "${TRACEFRAMEWORK_SRCREV}"
 
-PV = "01.01.01.07"
-PR = "r4"
+PV = "01.01.01.08"
+PR = "r0"
 
 COMPATIBLE_MACHINE = "(tci6614-evm|keystone)"
 PACKAGE_ARCH = "${MACHINE_ARCH}"