diff --git a/docs/_releasenotes/2228.change.dcgm-exporter-updated-to-4.7.1 b/docs/_releasenotes/2228.change.dcgm-exporter-updated-to-4.7.1
new file mode 100644
index 0000000000000000000000000000000000000000..2d8264a37a7561a76df671bdf7f6e03006205fe2
--- /dev/null
+++ b/docs/_releasenotes/2228.change.dcgm-exporter-updated-to-4.7.1
@@ -0,0 +1 @@
+Updated default version of helm chart dcgm-exporter of https://github.com/nvidia/dcgm-exporter from 4.6.0 to 4.7.1
diff --git a/docs/user/reference/options/yk8s.k8s-service-layer.prometheus.rst b/docs/user/reference/options/yk8s.k8s-service-layer.prometheus.rst
index 9701313b4b5a1a2c0541cd6f12736d4357b2932f..6c549b4287c0125ae16ad778bdccdab044a1311d 100644
--- a/docs/user/reference/options/yk8s.k8s-service-layer.prometheus.rst
+++ b/docs/user/reference/options/yk8s.k8s-service-layer.prometheus.rst
@@ -1013,7 +1013,7 @@ If the version shall be unpinned, set to: ``null``.
 
 **Default:**::
 
-  "4.6.0"
+  "4.7.1"
 
 
 **Example:**::
diff --git a/nix/yk8s/k8s-supplements/monitoring.nix b/nix/yk8s/k8s-supplements/monitoring.nix
index 78ea623cb094c804e3acf0c61d5c0ed435f9f040..fc640aec7dba0aa81aa94dab027474ff1c2a1a7b 100644
--- a/nix/yk8s/k8s-supplements/monitoring.nix
+++ b/nix/yk8s/k8s-supplements/monitoring.nix
@@ -242,7 +242,7 @@ in {
 
     nvidia_dcgm_exporter_helm_version = mkHelmChartVersionOption {
       # renovate: datasource=helm depName=dcgm-exporter registryUrl=https://nvidia.github.io/dcgm-exporter/helm-charts
-      default = "4.6.0";
+      default = "4.7.1";
     };
 
     monitoring_internet_probe = mkEnableOption ''