diff --git a/cmake/wasi-sdk-toolchain.cmake b/cmake/wasi-sdk-toolchain.cmake
index 287c11b..810236f 100644
--- a/cmake/wasi-sdk-toolchain.cmake
+++ b/cmake/wasi-sdk-toolchain.cmake
@@ -282,7 +282,7 @@ install(DIRECTORY ${wasi_tmp_install}/bin ${wasi_tmp_install}/lib ${wasi_tmp_ins
 # Build logic for `wasm-component-ld` installed from Rust code.
 set(wasm_component_ld_root ${CMAKE_CURRENT_BINARY_DIR}/wasm-component-ld)
 set(wasm_component_ld ${wasm_component_ld_root}/bin/wasm-component-ld${CMAKE_EXECUTABLE_SUFFIX})
-set(wasm_component_ld_version 0.5.27)
+set(wasm_component_ld_version 0.5.30)
 if(RUST_TARGET)
   set(rust_target_flag --target=${RUST_TARGET})
 endif()
diff --git a/src/llvm-project b/src/llvm-project
index 278c31b..7196f93 160000
--- a/src/llvm-project
+++ b/src/llvm-project
@@ -1 +1 @@
-Subproject commit 278c31bfb8ceb7ea17dbfd11a4fb21e6634af957
+Subproject commit 7196f931f212fc7c406066b2628a0ff4ea0ee344
diff --git a/src/wasi-libc b/src/wasi-libc
index f3e8728..2e6fb9d 160000
--- a/src/wasi-libc
+++ b/src/wasi-libc
@@ -1 +1 @@
-Subproject commit f3e872871c6fb77db9727a18ab812a1a8f6e85ce
+Subproject commit 2e6fb9d8ee0cdf9e431fbcabe8af3115de000a13