diff --git a/components/esp_phy/CMakeLists.txt b/components/esp_phy/CMakeLists.txt
index 5f11862adc..a8b3bff068 100644
--- a/components/esp_phy/CMakeLists.txt
+++ b/components/esp_phy/CMakeLists.txt
@@ -45,12 +45,10 @@ idf_component_register(SRCS "${srcs}"
 set(target_name "${idf_target}")
 if(IDF_TARGET STREQUAL "esp32h4")
     if(CONFIG_IDF_TARGET_ESP32H4_BETA_VERSION_2)
-        # TODO: rename esp32h2 to esp32h4 [WIFI-4956]
-        target_link_directories(${COMPONENT_LIB} PUBLIC "${CMAKE_CURRENT_SOURCE_DIR}/lib/esp32h2/rev2")
+        target_link_directories(${COMPONENT_LIB} PUBLIC "${CMAKE_CURRENT_SOURCE_DIR}/lib/esp32h4/rev2")
     endif()
     if(CONFIG_IDF_TARGET_ESP32H4_BETA_VERSION_1)
-        # TODO: rename esp32h2 to esp32h4 [WIFI-4956]
-        target_link_directories(${COMPONENT_LIB} PUBLIC "${CMAKE_CURRENT_SOURCE_DIR}/lib/esp32h2/rev1")
+        target_link_directories(${COMPONENT_LIB} PUBLIC "${CMAKE_CURRENT_SOURCE_DIR}/lib/esp32h4/rev1")
     endif()
 else()
     target_link_directories(${COMPONENT_LIB} PUBLIC "${CMAKE_CURRENT_SOURCE_DIR}/lib/${target_name}")
diff --git a/components/esp_phy/lib b/components/esp_phy/lib
index 1ab8c85ff1..1b8e12d3e0 160000
--- a/components/esp_phy/lib
+++ b/components/esp_phy/lib
@@ -1 +1 @@
-Subproject commit 1ab8c85ff11a8e0f85d430726b2ff2d3c40dbf1b
+Subproject commit 1b8e12d3e0e8b7bcd87c115f09ec0f385700579a