diff --git a/include/zephyr/ipc/ipc_rpmsg.h b/include/zephyr/ipc/ipc_rpmsg.h
index 4f92b02732b..cc46a4ba788 100644
--- a/include/zephyr/ipc/ipc_rpmsg.h
+++ b/include/zephyr/ipc/ipc_rpmsg.h
@@ -90,7 +90,7 @@ struct ipc_rpmsg_instance {
  *  Init an RPMsg instance.
  *
  *  @param instance Pointer to the RPMsg instance struct.
- *  @param role Master / Remote role.
+ *  @param role Host / Remote role.
  *  @param shm_io SHM IO region pointer.
  *  @param vdev VirtIO device pointer.
  *  @param shb Shared memory region pointer.
@@ -115,7 +115,7 @@ int ipc_rpmsg_init(struct ipc_rpmsg_instance *instance,
  *  Register an endpoint to a provided RPMsg instance.
  *
  *  @param instance Pointer to the RPMsg instance struct.
- *  @param role Master / Remote role.
+ *  @param role Host / Remote role.
  *  @param ept Endpoint to register.
  *
  *  @retval -EINVAL When some parameter is missing.
diff --git a/include/zephyr/ipc/ipc_static_vrings.h b/include/zephyr/ipc/ipc_static_vrings.h
index c8eb9bd07d3..ff6678d8ca1 100644
--- a/include/zephyr/ipc/ipc_static_vrings.h
+++ b/include/zephyr/ipc/ipc_static_vrings.h
@@ -91,7 +91,7 @@ struct ipc_static_vrings {
  *  Init VRINGs and Virtqueues of an OpenAMP / RPMsg instance.
  *
  *  @param vr Pointer to the VRINGs instance struct.
- *  @param role Master / Remote role.
+ *  @param role Host / Remote role.
  *
  *  @retval -EINVAL When some parameter is missing.
  *  @retval -ENOMEM When memory is not enough for VQs allocation.
diff --git a/samples/subsys/ipc/openamp/src/main.c b/samples/subsys/ipc/openamp/src/main.c
index 5356c957914..e27d553e57b 100644
--- a/samples/subsys/ipc/openamp/src/main.c
+++ b/samples/subsys/ipc/openamp/src/main.c
@@ -226,7 +226,7 @@ void app_task(void *arg1, void *arg2, void *arg3)
 		return;
 	}
 
-	vdev.role = RPMSG_MASTER;
+	vdev.role = RPMSG_HOST;
 	vdev.vrings_num = VRING_COUNT;
 	vdev.func = &dispatch;
 	rvrings[0].io = io;
diff --git a/samples/subsys/ipc/openamp_performance/src/main.c b/samples/subsys/ipc/openamp_performance/src/main.c
index c4b00d8bd1a..c8973fc480c 100644
--- a/samples/subsys/ipc/openamp_performance/src/main.c
+++ b/samples/subsys/ipc/openamp_performance/src/main.c
@@ -234,7 +234,7 @@ static void send_task(void *arg1, void *arg2, void *arg3)
 		return;
 	}
 
-	vdev.role = RPMSG_MASTER;
+	vdev.role = RPMSG_HOST;
 	vdev.vrings_num = VRING_COUNT;
 	vdev.func = &dispatch;
 	rvrings[0].io = io;
diff --git a/samples/subsys/ipc/openamp_rsc_table/src/main_remote.c b/samples/subsys/ipc/openamp_rsc_table/src/main_remote.c
index b7a549d7d11..3f691ec7ed5 100644
--- a/samples/subsys/ipc/openamp_rsc_table/src/main_remote.c
+++ b/samples/subsys/ipc/openamp_rsc_table/src/main_remote.c
@@ -225,7 +225,7 @@ platform_create_rpmsg_vdev(unsigned int vdev_index,
 	struct virtio_device *vdev;
 	int ret;
 
-	vdev = rproc_virtio_create_vdev(VIRTIO_DEV_SLAVE, VDEV_ID,
+	vdev = rproc_virtio_create_vdev(VIRTIO_DEV_DEVICE, VDEV_ID,
 					rsc_table_to_vdev(rsc_table),
 					rsc_io, NULL, mailbox_notify, NULL);
 
@@ -349,7 +349,7 @@ void rpmsg_mng_task(void *arg1, void *arg2, void *arg3)
 		goto task_end;
 	}
 
-	rpdev = platform_create_rpmsg_vdev(0, VIRTIO_DEV_SLAVE, NULL,
+	rpdev = platform_create_rpmsg_vdev(0, VIRTIO_DEV_DEVICE, NULL,
 					   new_service_cb);
 	if (!rpdev) {
 		LOG_ERR("Failed to create rpmsg virtio device\n");
diff --git a/subsys/ipc/ipc_service/backends/ipc_rpmsg_static_vrings.h b/subsys/ipc/ipc_service/backends/ipc_rpmsg_static_vrings.h
index f355f2a3ceb..f5535476ebf 100644
--- a/subsys/ipc/ipc_service/backends/ipc_rpmsg_static_vrings.h
+++ b/subsys/ipc/ipc_service/backends/ipc_rpmsg_static_vrings.h
@@ -135,8 +135,8 @@
 #define VIRTQUEUE_ID_HOST	(0)
 #define VIRTQUEUE_ID_REMOTE	(1)
 
-#define ROLE_HOST		VIRTIO_DEV_MASTER
-#define ROLE_REMOTE		VIRTIO_DEV_SLAVE
+#define ROLE_HOST		VIRTIO_DEV_DRIVER
+#define ROLE_REMOTE		VIRTIO_DEV_DEVICE
 
 static inline size_t vq_ring_size(unsigned int num)
 {
diff --git a/subsys/ipc/ipc_service/lib/ipc_rpmsg.c b/subsys/ipc/ipc_service/lib/ipc_rpmsg.c
index a0c07c15c1c..06142066d4c 100644
--- a/subsys/ipc/ipc_service/lib/ipc_rpmsg.c
+++ b/subsys/ipc/ipc_service/lib/ipc_rpmsg.c
@@ -86,7 +86,7 @@ int ipc_rpmsg_init(struct ipc_rpmsg_instance *instance,
 		bind_cb = ns_bind_cb;
 	}
 
-	if (role == RPMSG_MASTER) {
+	if (role == RPMSG_HOST) {
 		rpmsg_virtio_init_shm_pool(&instance->shm_pool, shb, size);
 		return rpmsg_init_vdev(&instance->rvdev, vdev, bind_cb,
 				       shm_io, &instance->shm_pool);
diff --git a/subsys/ipc/ipc_service/lib/ipc_static_vrings.c b/subsys/ipc/ipc_service/lib/ipc_static_vrings.c
index ad9121e8851..8ce57b5cc49 100644
--- a/subsys/ipc/ipc_service/lib/ipc_static_vrings.c
+++ b/subsys/ipc/ipc_service/lib/ipc_static_vrings.c
@@ -32,7 +32,7 @@ static void virtio_set_status(struct virtio_device *p_vdev, unsigned char status
 {
 	struct ipc_static_vrings *vr;
 
-	if (p_vdev->role != VIRTIO_DEV_MASTER) {
+	if (p_vdev->role != VIRTIO_DEV_DRIVER) {
 		return;
 	}
 
@@ -57,7 +57,7 @@ static unsigned char virtio_get_status(struct virtio_device *p_vdev)
 
 	ret = VIRTIO_CONFIG_STATUS_DRIVER_OK;
 
-	if (p_vdev->role == VIRTIO_DEV_SLAVE) {
+	if (p_vdev->role == VIRTIO_DEV_DEVICE) {
 		sys_cache_data_range((void *) vr->status_reg_addr,
 				     sizeof(ret), K_CACHE_INVD);
 		ret = sys_read8(vr->status_reg_addr);
diff --git a/subsys/ipc/rpmsg_service/rpmsg_backend.c b/subsys/ipc/rpmsg_service/rpmsg_backend.c
index 4589c71658d..c608706e22c 100644
--- a/subsys/ipc/rpmsg_service/rpmsg_backend.c
+++ b/subsys/ipc/rpmsg_service/rpmsg_backend.c
@@ -26,7 +26,7 @@ LOG_MODULE_REGISTER(LOG_MODULE_NAME, CONFIG_RPMSG_SERVICE_LOG_LEVEL);
 
 #if MASTER
 #define VIRTQUEUE_ID 0
-#define RPMSG_ROLE RPMSG_MASTER
+#define RPMSG_ROLE RPMSG_HOST
 #else
 #define VIRTQUEUE_ID 1
 #define RPMSG_ROLE RPMSG_REMOTE
diff --git a/west.yml b/west.yml
index e0bc30618a0..b403ce0b374 100644
--- a/west.yml
+++ b/west.yml
@@ -198,7 +198,7 @@ manifest:
       revision: b8cea37dbdc8fc58cc14b4e19fa850877a9da520
       path: modules/bsim_hw_models/nrf_hw_models
     - name: open-amp
-      revision: cfd050ff38a9d028dc211690b2ec35971128e45e
+      revision: 8d53544871e1f300c478224faca6be8384ab0d04
       path: modules/lib/open-amp
     - name: openthread
       revision: d4d46ba94290bcf93cc849b832f0ad305c72c473