diff --git a/Makefile.rhelver b/Makefile.rhelver
index c2930e3e8..803f1358f 100644
--- a/Makefile.rhelver
+++ b/Makefile.rhelver
@@ -12,7 +12,7 @@ RHEL_MINOR = 99
 #
 # Use this spot to avoid future merge conflicts.
 # Do not trim this comment.
-RHEL_RELEASE = 38
+RHEL_RELEASE = 39
 
 #
 # RHEL_REBASE_NUM
diff --git a/kernel-aarch64-debug-fedora.config b/kernel-aarch64-debug-fedora.config
index aa9be280d..1919b9d8e 100644
--- a/kernel-aarch64-debug-fedora.config
+++ b/kernel-aarch64-debug-fedora.config
@@ -2924,9 +2924,8 @@ CONFIG_HYPERV_STORAGE=m
 # CONFIG_HYPERV_TESTING is not set
 CONFIG_HYPERV_UTILS=m
 CONFIG_HYPERV_VSOCKETS=m
-CONFIG_HZ=100
-# CONFIG_HZ_1000 is not set
-CONFIG_HZ_100=y
+CONFIG_HZ_1000=y
+# CONFIG_HZ_100 is not set
 # CONFIG_HZ_200 is not set
 # CONFIG_HZ_250 is not set
 # CONFIG_HZ_300 is not set
diff --git a/kernel-aarch64-fedora.config b/kernel-aarch64-fedora.config
index c75e1214e..d4daf1a9c 100644
--- a/kernel-aarch64-fedora.config
+++ b/kernel-aarch64-fedora.config
@@ -2907,9 +2907,8 @@ CONFIG_HYPERV_STORAGE=m
 # CONFIG_HYPERV_TESTING is not set
 CONFIG_HYPERV_UTILS=m
 CONFIG_HYPERV_VSOCKETS=m
-CONFIG_HZ=100
-# CONFIG_HZ_1000 is not set
-CONFIG_HZ_100=y
+CONFIG_HZ_1000=y
+# CONFIG_HZ_100 is not set
 # CONFIG_HZ_200 is not set
 # CONFIG_HZ_250 is not set
 # CONFIG_HZ_300 is not set
diff --git a/kernel.spec b/kernel.spec
index 443eb96b3..fdc2022e4 100644
--- a/kernel.spec
+++ b/kernel.spec
@@ -174,13 +174,13 @@ Summary: The Linux kernel
 %define specrpmversion 6.5.0
 %define specversion 6.5.0
 %define patchversion 6.5
-%define pkgrelease 0.rc5.20230809git13b937206866.38
+%define pkgrelease 0.rc5.20230810git374a7f47bf40.39
 %define kversion 6
-%define tarfile_release 6.5-rc5-53-g13b937206866
+%define tarfile_release 6.5-rc5-63-g374a7f47bf40
 # This is needed to do merge window version magic
 %define patchlevel 5
 # This allows pkg_release to have configurable %%{?dist} tag
-%define specrelease 0.rc5.20230809git13b937206866.38%{?buildid}%{?dist}
+%define specrelease 0.rc5.20230810git374a7f47bf40.39%{?buildid}%{?dist}
 # This defines the kabi tarball version
 %define kabiversion 6.5.0
 
@@ -3740,6 +3740,10 @@ fi\
 #
 #
 %changelog
+* Thu Aug 10 2023 Fedora Kernel Team <kernel-team@fedoraproject.org> [6.5.0-0.rc5.374a7f47bf40.39.el127]
+- redhat/configs: Remove `CONFIG_HZ_1000 is not set` for aarch64 (Enric Balletbo i Serra)
+- Linux v6.5.0-0.rc5.374a7f47bf40
+
 * Wed Aug 09 2023 Fedora Kernel Team <kernel-team@fedoraproject.org> [6.5.0-0.rc5.13b937206866.38.el127]
 - redhat/configs: turn on the framework for SPI NOR for ARM (Steve Best)
 - configs: add new ChromeOS UART driver (Mark Langsdorf)
diff --git a/sources b/sources
index fd2f371a5..439971e00 100644
--- a/sources
+++ b/sources
@@ -1,3 +1,3 @@
-SHA512 (linux-6.5-rc5-53-g13b937206866.tar.xz) = f5eae6df00b624f1ab83e223cc4d64a13b24417db05ddedfda720fd54cd1040ffc9825ca710944ba4ae3dc8e9cd26c17755e6ccb4555f85063998cb3461141b3
-SHA512 (kernel-abi-stablelists-6.5.0.tar.bz2) = 16ed5f87648cb037ca346f2216c1284e7c8217c72ecc52f6b179d524a90cb0ced9d9aadcfc45c96c8a695660c4d5e304516b441b30fb1d2812715047460c04c0
-SHA512 (kernel-kabi-dw-6.5.0.tar.bz2) = 74fdefb2ec9bc52cd7989c97c87de9b18b9f89431136171d33b903ffee37de7eb32f4699dc08d8b72e7085764cc2805187951fac97e52fac6e1b4a0cf01c7019
+SHA512 (linux-6.5-rc5-63-g374a7f47bf40.tar.xz) = f20c258203ccec5580752544b5d3d8a5f8a5041bc39606a3234df1e02e8dada378883cadc56acbe159b9c61d2b09a936db24c26324366ed0db00ac49cb9118bd
+SHA512 (kernel-abi-stablelists-6.5.0.tar.bz2) = 5b5f5753d02ac38d928056dad2c47adc87d8a8be42f6bb0935b79968a52066687b83fdffbc84891efe9233d9f65e620ea195919a7ba06e11f9a58f7376387569
+SHA512 (kernel-kabi-dw-6.5.0.tar.bz2) = 78415469b01aeec84e55fec234d622eaa2a19e2d8077d807ccb5c2e2b5cb91e8777232c2b6e83224a7914b452c7682fbf708e04d9a68957d19a9e51f403eefea