diff --git a/toolchain/make_toolchain.sh b/toolchain/make_toolchain.sh
index d6120a39..ed5b4072 100755
--- a/toolchain/make_toolchain.sh
+++ b/toolchain/make_toolchain.sh
@@ -5,7 +5,7 @@ set -x
 
 PREFIX="$(pwd)"
 TARGET=i386-elf
-BINUTILSVERSION=2.34
+BINUTILSVERSION=2.35
 GCCVERSION=10.2.0
 
 if [ -z "$MAKEFLAGS" ]; then