diff --git a/charts/ingress/CHANGELOG.md b/charts/ingress/CHANGELOG.md
index 7b513db69..d9946bed7 100644
--- a/charts/ingress/CHANGELOG.md
+++ b/charts/ingress/CHANGELOG.md
@@ -1,5 +1,13 @@
 # Changelog
 
+## 0.12.0
+
+### Improvements
+
+- Bumped dependencies on `kong/kong` chart to `>=2.38.0`. Review the [kong chart
+  changelog](https://github.com/Kong/charts/blob/main/charts/kong/CHANGELOG.md#2380)
+  for details.
+
 ## 0.11.1
 
 ### Improvements
diff --git a/charts/ingress/Chart.lock b/charts/ingress/Chart.lock
index dda4d637c..ef298a349 100644
--- a/charts/ingress/Chart.lock
+++ b/charts/ingress/Chart.lock
@@ -1,9 +1,9 @@
 dependencies:
 - name: kong
   repository: https://charts.konghq.com
-  version: 2.37.1
+  version: 2.38.0
 - name: kong
   repository: https://charts.konghq.com
-  version: 2.37.1
-digest: sha256:c5db342a0485e0775d4971d7f72496dffba7c37d95d18024022267df1af659ee
-generated: "2024-02-21T10:38:16.722926+01:00"
+  version: 2.38.0
+digest: sha256:64a48e09ab03fceefc9316cfdf1bd20799fd9d065826b28dfb5f2e27ca906b2f
+generated: "2024-02-27T10:41:51.57116834-08:00"
diff --git a/charts/ingress/Chart.yaml b/charts/ingress/Chart.yaml
index 169bf2a51..606c2e1e4 100644
--- a/charts/ingress/Chart.yaml
+++ b/charts/ingress/Chart.yaml
@@ -8,16 +8,16 @@ maintainers:
 name: ingress
 sources:
   - https://github.com/Kong/charts/tree/main/charts/ingress
-version: 0.11.1
+version: 0.12.0
 appVersion: "3.6"
 dependencies:
   - name: kong
-    version: ">=2.37.1"
+    version: ">=2.38.0"
     repository: https://charts.konghq.com
     alias: controller
     condition: controller.enabled
   - name: kong
-    version: ">=2.37.1"
+    version: ">=2.38.0"
     repository: https://charts.konghq.com
     alias: gateway
     condition: gateway.enabled
diff --git a/charts/ingress/ci/__snapshots__/gateway-discovery-values.snap b/charts/ingress/ci/__snapshots__/gateway-discovery-values.snap
index 0b52c70d6..5560f5a00 100644
--- a/charts/ingress/ci/__snapshots__/gateway-discovery-values.snap
+++ b/charts/ingress/ci/__snapshots__/gateway-discovery-values.snap
@@ -9,7 +9,7 @@ SnapShot = """
             app.kubernetes.io/managed-by: Helm
             app.kubernetes.io/name: controller
             app.kubernetes.io/version: \"3.6\"
-            helm.sh/chart: controller-2.37.1
+            helm.sh/chart: controller-2.38.0
         name: chartsnap-controller-validations
         namespace: default
     webhooks:
@@ -83,7 +83,7 @@ SnapShot = """
             app.kubernetes.io/managed-by: Helm
             app.kubernetes.io/name: controller
             app.kubernetes.io/version: \"3.6\"
-            helm.sh/chart: controller-2.37.1
+            helm.sh/chart: controller-2.38.0
         name: chartsnap-controller
         namespace: default
     spec:
@@ -108,7 +108,7 @@ SnapShot = """
                     app.kubernetes.io/managed-by: Helm
                     app.kubernetes.io/name: controller
                     app.kubernetes.io/version: \"3.6\"
-                    helm.sh/chart: controller-2.37.1
+                    helm.sh/chart: controller-2.38.0
                     version: \"3.6\"
             spec:
                 automountServiceAccountToken: false
@@ -240,7 +240,7 @@ SnapShot = """
             app.kubernetes.io/managed-by: Helm
             app.kubernetes.io/name: gateway
             app.kubernetes.io/version: \"3.6\"
-            helm.sh/chart: gateway-2.37.1
+            helm.sh/chart: gateway-2.38.0
         name: chartsnap-gateway
         namespace: default
     spec:
@@ -263,7 +263,7 @@ SnapShot = """
                     app.kubernetes.io/managed-by: Helm
                     app.kubernetes.io/name: gateway
                     app.kubernetes.io/version: \"3.6\"
-                    helm.sh/chart: gateway-2.37.1
+                    helm.sh/chart: gateway-2.38.0
                     version: \"3.6\"
             spec:
                 automountServiceAccountToken: false
@@ -491,7 +491,7 @@ SnapShot = """
             app.kubernetes.io/managed-by: Helm
             app.kubernetes.io/name: controller
             app.kubernetes.io/version: \"3.6\"
-            helm.sh/chart: controller-2.37.1
+            helm.sh/chart: controller-2.38.0
         name: chartsnap-controller
     rules:
         - apiGroups:
@@ -771,7 +771,7 @@ SnapShot = """
             app.kubernetes.io/managed-by: Helm
             app.kubernetes.io/name: controller
             app.kubernetes.io/version: \"3.6\"
-            helm.sh/chart: controller-2.37.1
+            helm.sh/chart: controller-2.38.0
         name: chartsnap-controller
     roleRef:
         apiGroup: rbac.authorization.k8s.io
@@ -790,7 +790,7 @@ SnapShot = """
             app.kubernetes.io/managed-by: Helm
             app.kubernetes.io/name: controller
             app.kubernetes.io/version: \"3.6\"
-            helm.sh/chart: controller-2.37.1
+            helm.sh/chart: controller-2.38.0
         name: chartsnap-controller
         namespace: default
     rules:
@@ -854,7 +854,7 @@ SnapShot = """
             app.kubernetes.io/managed-by: Helm
             app.kubernetes.io/name: controller
             app.kubernetes.io/version: \"3.6\"
-            helm.sh/chart: controller-2.37.1
+            helm.sh/chart: controller-2.38.0
         name: chartsnap-controller
         namespace: default
     roleRef:
@@ -877,7 +877,7 @@ SnapShot = """
             app.kubernetes.io/managed-by: Helm
             app.kubernetes.io/name: controller
             app.kubernetes.io/version: \"3.6\"
-            helm.sh/chart: controller-2.37.1
+            helm.sh/chart: controller-2.38.0
         name: chartsnap-controller-admin-api-ca-keypair
         namespace: default
     type: kubernetes.io/tls
@@ -893,7 +893,7 @@ SnapShot = """
             app.kubernetes.io/managed-by: Helm
             app.kubernetes.io/name: controller
             app.kubernetes.io/version: \"3.6\"
-            helm.sh/chart: controller-2.37.1
+            helm.sh/chart: controller-2.38.0
         name: chartsnap-controller-admin-api-keypair
         namespace: default
     type: kubernetes.io/tls
@@ -909,7 +909,7 @@ SnapShot = """
             app.kubernetes.io/managed-by: Helm
             app.kubernetes.io/name: controller
             app.kubernetes.io/version: \"3.6\"
-            helm.sh/chart: controller-2.37.1
+            helm.sh/chart: controller-2.38.0
         name: chartsnap-controller-validation-webhook-ca-keypair
         namespace: default
     type: kubernetes.io/tls
@@ -925,7 +925,7 @@ SnapShot = """
             app.kubernetes.io/managed-by: Helm
             app.kubernetes.io/name: controller
             app.kubernetes.io/version: \"3.6\"
-            helm.sh/chart: controller-2.37.1
+            helm.sh/chart: controller-2.38.0
         name: chartsnap-controller-validation-webhook-keypair
         namespace: default
     type: kubernetes.io/tls
@@ -938,7 +938,7 @@ SnapShot = """
             app.kubernetes.io/managed-by: Helm
             app.kubernetes.io/name: controller
             app.kubernetes.io/version: \"3.6\"
-            helm.sh/chart: controller-2.37.1
+            helm.sh/chart: controller-2.38.0
         name: chartsnap-controller-validation-webhook
         namespace: default
     spec:
@@ -953,7 +953,7 @@ SnapShot = """
             app.kubernetes.io/managed-by: Helm
             app.kubernetes.io/name: controller
             app.kubernetes.io/version: \"3.6\"
-            helm.sh/chart: controller-2.37.1
+            helm.sh/chart: controller-2.38.0
 - object:
     apiVersion: v1
     kind: Service
@@ -963,7 +963,7 @@ SnapShot = """
             app.kubernetes.io/managed-by: Helm
             app.kubernetes.io/name: gateway
             app.kubernetes.io/version: \"3.6\"
-            helm.sh/chart: gateway-2.37.1
+            helm.sh/chart: gateway-2.38.0
         name: chartsnap-gateway-admin
         namespace: default
     spec:
@@ -987,7 +987,7 @@ SnapShot = """
             app.kubernetes.io/managed-by: Helm
             app.kubernetes.io/name: gateway
             app.kubernetes.io/version: \"3.6\"
-            helm.sh/chart: gateway-2.37.1
+            helm.sh/chart: gateway-2.38.0
         name: chartsnap-gateway-manager
         namespace: default
     spec:
@@ -1015,7 +1015,7 @@ SnapShot = """
             app.kubernetes.io/name: gateway
             app.kubernetes.io/version: \"3.6\"
             enable-metrics: \"true\"
-            helm.sh/chart: gateway-2.37.1
+            helm.sh/chart: gateway-2.38.0
         name: chartsnap-gateway-proxy
         namespace: default
     spec:
@@ -1042,7 +1042,7 @@ SnapShot = """
             app.kubernetes.io/managed-by: Helm
             app.kubernetes.io/name: controller
             app.kubernetes.io/version: \"3.6\"
-            helm.sh/chart: controller-2.37.1
+            helm.sh/chart: controller-2.38.0
         name: chartsnap-controller
         namespace: default
 - object:
@@ -1054,7 +1054,7 @@ SnapShot = """
             app.kubernetes.io/managed-by: Helm
             app.kubernetes.io/name: gateway
             app.kubernetes.io/version: \"3.6\"
-            helm.sh/chart: gateway-2.37.1
+            helm.sh/chart: gateway-2.38.0
         name: chartsnap-gateway
         namespace: default
 """