diff --git a/.changeset/nine-shoes-tap.md b/.changeset/nine-shoes-tap.md
new file mode 100644
index 0000000000..f5d8a33f4f
--- /dev/null
+++ b/.changeset/nine-shoes-tap.md
@@ -0,0 +1,6 @@
+---
+'@tanstack/react-query': patch
+'@tanstack/query-core': patch
+---
+
+Prevent infinite render loops when useSuspenseQueries has duplicate queryKeys
diff --git a/packages/query-core/src/queriesObserver.ts b/packages/query-core/src/queriesObserver.ts
index b8068ec491..0590e1e995 100644
--- a/packages/query-core/src/queriesObserver.ts
+++ b/packages/query-core/src/queriesObserver.ts
@@ -235,26 +235,33 @@ export class QueriesObserver<
   #findMatchingObservers(
     queries: Array<QueryObserverOptions>,
   ): Array<QueryObserverMatch> {
-    const prevObserversMap = new Map(
-      this.#observers.map((observer) => [observer.options.queryHash, observer]),
-    )
+    const prevObserversMap = new Map<string, Array<QueryObserver>>()
+
+    this.#observers.forEach((observer) => {
+      const key = observer.options.queryHash
+      if (!key) return
+
+      const previousObservers = prevObserversMap.get(key)
+
+      if (previousObservers) {
+        previousObservers.push(observer)
+      } else {
+        prevObserversMap.set(key, [observer])
+      }
+    })
 
     const observers: Array<QueryObserverMatch> = []
 
     queries.forEach((options) => {
       const defaultedOptions = this.#client.defaultQueryOptions(options)
-      const match = prevObserversMap.get(defaultedOptions.queryHash)
-      if (match) {
-        observers.push({
-          defaultedQueryOptions: defaultedOptions,
-          observer: match,
-        })
-      } else {
-        observers.push({
-          defaultedQueryOptions: defaultedOptions,
-          observer: new QueryObserver(this.#client, defaultedOptions),
-        })
-      }
+      const match = prevObserversMap.get(defaultedOptions.queryHash)?.shift()
+      const observer =
+        match ?? new QueryObserver(this.#client, defaultedOptions)
+
+      observers.push({
+        defaultedQueryOptions: defaultedOptions,
+        observer,
+      })
     })
 
     return observers
diff --git a/packages/react-query/src/__tests__/useSuspenseQueries.test.tsx b/packages/react-query/src/__tests__/useSuspenseQueries.test.tsx
index a0b923493f..7b523aea99 100644
--- a/packages/react-query/src/__tests__/useSuspenseQueries.test.tsx
+++ b/packages/react-query/src/__tests__/useSuspenseQueries.test.tsx
@@ -182,6 +182,79 @@ describe('useSuspenseQueries', () => {
 
     expect(spy).toHaveBeenCalled()
   })
+
+  it('should handle duplicate query keys without infinite loops', async () => {
+    const key = queryKey()
+    const localDuration = 10
+    let renderCount = 0
+
+    function getUserData() {
+      return {
+        queryKey: key,
+        queryFn: async () => {
+          await sleep(localDuration)
+          return { name: 'John Doe', age: 50 }
+        },
+      }
+    }
+
+    function getName() {
+      return {
+        ...getUserData(),
+        select: (data: any) => data.name,
+      }
+    }
+
+    function getAge() {
+      return {
+        ...getUserData(),
+        select: (data: any) => data.age,
+      }
+    }
+
+    function App() {
+      renderCount++
+      const [{ data }, { data: data2 }] = useSuspenseQueries({
+        queries: [getName(), getAge()],
+      })
+
+      React.useEffect(() => {
+        onQueriesResolution({ data, data2 })
+      }, [data, data2])
+
+      return (
+        <div>
+          <h1>Data</h1>
+          {JSON.stringify({ data }, null, 2)}
+          {JSON.stringify({ data2 }, null, 2)}
+        </div>
+      )
+    }
+
+    renderWithClient(
+      queryClient,
+      <React.Suspense fallback={<SuspenseFallback />}>
+        <App />
+      </React.Suspense>,
+    )
+
+    await act(() => vi.advanceTimersByTimeAsync(localDuration))
+
+    expect(onSuspend).toHaveBeenCalledTimes(1)
+    expect(onQueriesResolution).toHaveBeenCalledTimes(1)
+
+    await act(() => vi.advanceTimersByTimeAsync(100))
+
+    expect(onQueriesResolution).toHaveBeenCalledTimes(1)
+    expect(onQueriesResolution).toHaveBeenLastCalledWith({
+      data: 'John Doe',
+      data2: 50,
+    })
+
+    // With the infinite loop bug, renderCount would be very high (e.g. > 100)
+    // Without bug, it should be small (initial suspend + resolution = 2-3)
+    expect(renderCount).toBeLessThan(10)
+  })
 })
 
 describe('useSuspenseQueries 2', () => {