diff --git a/optimum/habana/version.py b/optimum/habana/version.py
index 03a769c25b..9ec03b43da 100644
--- a/optimum/habana/version.py
+++ b/optimum/habana/version.py
@@ -13,4 +13,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 
-__version__ = "1.7.1"
+__version__ = "1.7.2"