diff --git a/clang/docs/ClangOffloadBundler.rst b/clang/docs/ClangOffloadBundler.rst
index 515e6c00a3b800..3c241027d405ca 100644
--- a/clang/docs/ClangOffloadBundler.rst
+++ b/clang/docs/ClangOffloadBundler.rst
@@ -245,7 +245,7 @@ Where:
                     object as a data section with the name ``.hip_fatbin``.
 
       hipv4         Offload code object for the HIP language. Used for AMD GPU
-                    code objects with at least ABI version V4 when the
+                    code objects with at least ABI version V4 and above when the
                     ``clang-offload-bundler`` is used to create a *fat binary*
                     to be loaded by the HIP runtime. The fat binary can be
                     loaded directly from a file, or be embedded in the host code
@@ -254,6 +254,14 @@ Where:
       openmp        Offload code object for the OpenMP language extension.
       ============= ==============================================================
 
+Note: The distinction between the `hip` and `hipv4` offload kinds is historically based.
+Originally, these designations might have indicated different versions of the
+code object ABI. However, as the system has evolved, the ABI version is now embedded
+directly within the code object itself, making these historical distinctions irrelevant
+during the unbundling process. Consequently, `hip` and `hipv4` are treated as compatible
+in current implementations, facilitating interchangeable handling of code objects
+without differentiation based on offload kind.
+
 **target-triple**
     The target triple of the code object. See `Target Triple
     <https://clang.llvm.org/docs/CrossCompilation.html#target-triple>`_.
@@ -295,7 +303,7 @@ Compatibility Rules for Bundle Entry ID
   A code object, specified using its Bundle Entry ID, can be loaded and
   executed on a target processor, if:
 
-  * Their offload kinds are the same.
+  * Their offload kinds are the same or comptible.
   * Their target triples are compatible.
   * Their Target IDs are compatible as defined in :ref:`compatibility-target-id`.
 
diff --git a/clang/lib/Driver/OffloadBundler.cpp b/clang/lib/Driver/OffloadBundler.cpp
index 8cc82a0ee71687..191d108e9b7398 100644
--- a/clang/lib/Driver/OffloadBundler.cpp
+++ b/clang/lib/Driver/OffloadBundler.cpp
@@ -113,8 +113,11 @@ bool OffloadTargetInfo::isOffloadKindValid() const {
 
 bool OffloadTargetInfo::isOffloadKindCompatible(
     const StringRef TargetOffloadKind) const {
-  if (OffloadKind == TargetOffloadKind)
+  if ((OffloadKind == TargetOffloadKind) ||
+      (OffloadKind == "hip" && TargetOffloadKind == "hipv4") ||
+      (OffloadKind == "hipv4" && TargetOffloadKind == "hip"))
     return true;
+
   if (BundlerConfig.HipOpenmpCompatible) {
     bool HIPCompatibleWithOpenMP = OffloadKind.starts_with_insensitive("hip") &&
                                    TargetOffloadKind == "openmp";
diff --git a/clang/test/Driver/clang-offload-bundler.c b/clang/test/Driver/clang-offload-bundler.c
index e492da31abb746..1909ff2d71d03c 100644
--- a/clang/test/Driver/clang-offload-bundler.c
+++ b/clang/test/Driver/clang-offload-bundler.c
@@ -505,6 +505,17 @@
 // RUN:   -output=%t.res.tgt1 -input=%t.hip.bundle.bc -unbundle 2>&1 | FileCheck %s -check-prefix=NOGFX906
 // NOGFX906: error: Can't find bundles for hip-amdgcn-amd-amdhsa--gfx906
 
+//
+// Check hip and hipv4 are compatible as offload kind.
+//
+// RUN: clang-offload-bundler -type=o -targets=hip-amdgcn-amd-amdhsa--gfx90a -input=%t.tgt1 -output=%t.bundle3.o
+// RUN: clang-offload-bundler -type=o -targets=hipv4-amdgcn-amd-amdhsa--gfx90a:sramecc-:xnack+ -output=%t.res.tgt1 -input=%t.bundle3.o -unbundle
+// RUN: diff %t.tgt1 %t.res.tgt1
+
+// RUN: clang-offload-bundler -type=o -targets=hipv4-amdgcn-amd-amdhsa--gfx90a -input=%t.tgt1 -output=%t.bundle3.o
+// RUN: clang-offload-bundler -type=o -targets=hip-amdgcn-amd-amdhsa--gfx90a:sramecc-:xnack+ -output=%t.res.tgt1 -input=%t.bundle3.o -unbundle
+// RUN: diff %t.tgt1 %t.res.tgt1
+
 //
 // Check archive unbundling
 //
diff --git a/clang/test/Driver/linker-wrapper.c b/clang/test/Driver/linker-wrapper.c
index cbf24d4ce3a824..51bf98b2ed39da 100644
--- a/clang/test/Driver/linker-wrapper.c
+++ b/clang/test/Driver/linker-wrapper.c
@@ -120,7 +120,7 @@ __attribute__((visibility("protected"), used)) int x;
 
 // HIP: clang{{.*}} -o [[IMG_GFX908:.+]] --target=amdgcn-amd-amdhsa -mcpu=gfx908
 // HIP: clang{{.*}} -o [[IMG_GFX90A:.+]] --target=amdgcn-amd-amdhsa -mcpu=gfx90a
-// HIP: clang-offload-bundler{{.*}}-type=o -bundle-align=4096 -compress -compression-level=6 -targets=host-x86_64-unknown-linux,hipv4-amdgcn-amd-amdhsa--gfx90a,hipv4-amdgcn-amd-amdhsa--gfx908 -input=/dev/null -input=[[IMG_GFX90A]] -input=[[IMG_GFX908]] -output={{.*}}.hipfb
+// HIP: clang-offload-bundler{{.*}}-type=o -bundle-align=4096 -compress -compression-level=6 -targets=host-x86_64-unknown-linux,hip-amdgcn-amd-amdhsa--gfx90a,hip-amdgcn-amd-amdhsa--gfx908 -input=/dev/null -input=[[IMG_GFX90A]] -input=[[IMG_GFX908]] -output={{.*}}.hipfb
 
 // RUN: clang-offload-packager -o %t.out \
 // RUN:   --image=file=%t.elf.o,kind=openmp,triple=amdgcn-amd-amdhsa,arch=gfx908 \
@@ -210,7 +210,7 @@ __attribute__((visibility("protected"), used)) int x;
 // RUN:   %t.o -o a.out 2>&1 | FileCheck %s --check-prefix=RELOCATABLE-LINK-HIP
 
 // RELOCATABLE-LINK-HIP: clang{{.*}} -o {{.*}}.img --target=amdgcn-amd-amdhsa
-// RELOCATABLE-LINK-HIP: clang-offload-bundler{{.*}} -type=o -bundle-align=4096 -targets=host-x86_64-unknown-linux,hipv4-amdgcn-amd-amdhsa--gfx90a -input=/dev/null -input={{.*}} -output={{.*}}
+// RELOCATABLE-LINK-HIP: clang-offload-bundler{{.*}} -type=o -bundle-align=4096 -targets=host-x86_64-unknown-linux,hip-amdgcn-amd-amdhsa--gfx90a -input=/dev/null -input={{.*}} -output={{.*}}
 // RELOCATABLE-LINK-HIP: /usr/bin/ld.lld{{.*}}-r
 // RELOCATABLE-LINK-HIP: llvm-objcopy{{.*}}a.out --remove-section .llvm.offloading
 
diff --git a/clang/tools/clang-linker-wrapper/ClangLinkerWrapper.cpp b/clang/tools/clang-linker-wrapper/ClangLinkerWrapper.cpp
index a1879fc7712dc3..69d8cb446fad19 100644
--- a/clang/tools/clang-linker-wrapper/ClangLinkerWrapper.cpp
+++ b/clang/tools/clang-linker-wrapper/ClangLinkerWrapper.cpp
@@ -413,7 +413,7 @@ fatbinary(ArrayRef<std::pair<StringRef, StringRef>> InputFiles,
 
   SmallVector<StringRef> Targets = {"-targets=host-x86_64-unknown-linux"};
   for (const auto &[File, Arch] : InputFiles)
-    Targets.push_back(Saver.save("hipv4-amdgcn-amd-amdhsa--" + Arch));
+    Targets.push_back(Saver.save("hip-amdgcn-amd-amdhsa--" + Arch));
   CmdArgs.push_back(Saver.save(llvm::join(Targets, ",")));
 
 #ifdef _WIN32