diff --git a/srcpkgs/vscode/template b/srcpkgs/vscode/template
index 2bbbcbefbaa..3c2cfc79e14 100644
--- a/srcpkgs/vscode/template
+++ b/srcpkgs/vscode/template
@@ -1,8 +1,8 @@
 # Template file for 'vscode'
 pkgname=vscode
-version=1.97.2
+version=1.99.3
 revision=1
-_electronver=33.0.2
+_electronver=33.2.0
 _npmver=10.8.3
 hostmakedepends="pkg-config python3 python3-setuptools nodejs tar git ripgrep"
 makedepends="libxkbfile-devel libsecret-devel libxml2-devel mit-krb5-devel nodejs-devel ncurses-devel electron33-devel"
@@ -12,7 +12,7 @@ maintainer="Alex Lohr <alexthkloss@web.de>"
 license="MIT"
 homepage="https://code.visualstudio.com/"
 distfiles="https://github.com/microsoft/vscode/archive/refs/tags/${version}.tar.gz"
-checksum=6bbb7144e11fefe06418c1f3671a877794a7513c2add85121f560dc686c31351
+checksum=81659cfc11d5c3a9a2ab46cd7e9a4d4ce4d4389a9e36cb8d1070503fc4e4ad3e
 nocross=yes # x64 build does not cut it, it contains native code
 
 if [ "$XBPS_TARGET_WORDSIZE" = "32" ]; then
@@ -42,9 +42,9 @@ do_build() {
 	npm install -g npm@${_npmver}
 
 	# The default memory limit may be too low for current versions of node
-	# to successfully build vscode.  This sets it to 4GB, but
+	# to successfully build vscode.  This sets it to 8GB, but
 	# change this number if it still doesn't work for your system.
-	_mem_limit="--max_old_space_size=4095"
+	_mem_limit="--max_old_space_size=16384"
 
 	export NODE_OPTIONS="${_mem_limit}"
 
@@ -58,7 +58,7 @@ do_build() {
 	vsed -e "s/validateChecksum: true/validateChecksum: false/g" -i build/lib/electron.*s
 
 	export CFLAGS="$CFLAGS -I/usr/include/node"
-	npm run gulp vscode-linux-x64-min
+	node_modules/.bin/gulp --max_old_space_size=16384 --optimize-for-size --series vscode-linux-x64-min
 }
 
 do_install() {