diff --git a/tools/firmware/etherboot/Makefile b/tools/firmware/etherboot/Makefile
index 4de6d24a13..3868f876ea 100644
--- a/tools/firmware/etherboot/Makefile
+++ b/tools/firmware/etherboot/Makefile
@@ -10,7 +10,7 @@ else
 IPXE_GIT_URL ?= git://git.ipxe.org/ipxe.git
 endif
 
-IPXE_GIT_TAG := 356f6c1b64d7a97746d1816cef8ca22bdd8d0b5d
+IPXE_GIT_TAG := d2063b7693e0e35db97b2264aa987eb6341ae779
 
 IPXE_TARBALL_URL ?= $(XEN_EXTFILES_URL)/ipxe-git-$(IPXE_GIT_TAG).tar.gz