diff --git a/news/setuptools.vendor.rst b/news/setuptools.vendor.rst
index 9cf3f49e21c..569df4b6432 100644
--- a/news/setuptools.vendor.rst
+++ b/news/setuptools.vendor.rst
@@ -1 +1 @@
-Upgrade setuptools to 67.6.1
+Upgrade setuptools to 67.7.2
diff --git a/src/pip/_vendor/pkg_resources/__init__.py b/src/pip/_vendor/pkg_resources/__init__.py
index a85aca10f7c..1bf26a94226 100644
--- a/src/pip/_vendor/pkg_resources/__init__.py
+++ b/src/pip/_vendor/pkg_resources/__init__.py
@@ -3046,6 +3046,9 @@ def has_version(self):
         except ValueError:
             issue_warning("Unbuilt egg for " + repr(self))
             return False
+        except SystemError:
+            # TODO: remove this except clause when python/cpython#103632 is fixed.
+            return False
         return True
 
     def clone(self, **kw):
diff --git a/src/pip/_vendor/vendor.txt b/src/pip/_vendor/vendor.txt
index 3974df3f11b..61063459d6d 100644
--- a/src/pip/_vendor/vendor.txt
+++ b/src/pip/_vendor/vendor.txt
@@ -16,7 +16,7 @@ rich==13.3.3
     pygments==2.14.0
     typing_extensions==4.5.0
 resolvelib==1.0.1
-setuptools==67.6.1
+setuptools==67.7.2
 six==1.16.0
 tenacity==8.2.2
 tomli==2.0.1