diff --git a/jax/version.py b/jax/version.py
index 616950577..be20aca06 100644
--- a/jax/version.py
+++ b/jax/version.py
@@ -21,7 +21,7 @@ import os
 import pathlib
 import subprocess
 
-_version = "0.5.2"
+_version = "0.5.3"
 # The following line is overwritten by build scripts in distributions &
 # releases. Do not modify this manually, or jax/jaxlib build will fail.
 _release_version: str | None = None