diff --git a/lld.spec b/lld.spec
index a9e7aae..ea0ecf2 100644
--- a/lld.spec
+++ b/lld.spec
@@ -12,7 +12,7 @@
 %global cmake_srcdir cmake-%{maj_ver}.%{min_ver}.%{patch_ver}%{?rc_ver:rc%{rc_ver}}.src
 %global maj_ver 16
 %global min_ver 0
-%global patch_ver 2
+%global patch_ver 3
 
 %if %{with compat_build}
 %global pkg_name lld%{maj_ver}
@@ -192,6 +192,9 @@ fi
 %{install_libdir}/liblld*.so.*
 
 %changelog
+* Wed May 10 2023 Tulio Magno Quites Machado Filho <tuliom@redhat.com> - 16.0.3-1
+- Update to LLVM 16.0.3
+
 * Wed Apr 26 2023 Tulio Magno Quites Machado Filho <tuliom@redhat.com> - 16.0.2-1
 - Update to LLVM 16.0.2
 
diff --git a/sources b/sources
index 1c2c370..ce30e3a 100644
--- a/sources
+++ b/sources
@@ -1,4 +1,4 @@
-SHA512 (cmake-16.0.2.src.tar.xz) = ce4bd6eddda6cfeeee8523d248b107114189c09e4aae478902798d14fc8fa2bfe316d0bcec44c5d4c36c77484fe6f6a7f0fb758dcd13edbeb322095fc1f6a7a6
-SHA512 (cmake-16.0.2.src.tar.xz.sig) = 439c3da7536d453cde325cc68874261b015533504126417ca1ddbbf0202b2c0a53cf101495449c37a338b3628463d56ddafa710660de6aededf37e461dd06262
-SHA512 (lld-16.0.2.src.tar.xz) = d661d84bb2f5277ed5bb76fc6cca180beb067dc3a4304bb40c9c33ce1f943dcf0af53a675e9de300a837637fb78dad22b8de1c12ef70ec801ecdebb87dbc2c77
-SHA512 (lld-16.0.2.src.tar.xz.sig) = 6e5d92904134912cc2ef7f4ad2b1997bb07f46495f6e3c8b81531f4920b1e5988135542515d602c1931a4cbc2f5d9f1b1ecce1f98a63fdcdfd0b87b8dcd16d9c
+SHA512 (lld-16.0.3.src.tar.xz) = 60c072b3640f0aa5a268b84a679d107aab31931a24eedd9900395c4adde3c32a95c845ce705855b64770961a807451066da4e9fa151c6b41e879f81b00dac73b
+SHA512 (lld-16.0.3.src.tar.xz.sig) = 19035c172cc0adc67aa151948d8a9d4062e0cdc6103b425d680d519f2dbb92f76994f9ca58e1d9f466cebd1a67a8a8fb08fc2366572d5434a243d94c0694c834
+SHA512 (cmake-16.0.3.src.tar.xz) = 01dd624f5276910760f15062f1f3abf68c6ab66c02a4b683ee739663d3f67c47420d8ce47d79e47144edc6bfcc390ffe37bd01d787186607421e3be7288c8569
+SHA512 (cmake-16.0.3.src.tar.xz.sig) = 941cb2557ec6b785f1999244685fd95f51fe924ccc0fea283fc8d5cfc3178296d214e20d6d40b121f7644ab3e44dc0c47d97fc4ef5c3f37041269b7403506398