diff --git a/drivers/debug/Kconfig.rtt b/drivers/debug/Kconfig.rtt
index a0d38f86e92..6a506d30f72 100644
--- a/drivers/debug/Kconfig.rtt
+++ b/drivers/debug/Kconfig.rtt
@@ -60,4 +60,15 @@ config SEGGER_RTT_MODE
 config SEGGER_RTT_MEMCPY_USE_BYTELOOP
 	bool "Use a simple byte-loop instead of standard memcpy"
 
+choice SEGGER_RTT_SECTION
+	prompt "Choose RTT data linker section"
+
+config SEGGER_RTT_SECTION_NONE
+	bool "Place RTT data in the default linker section"
+
+config SEGGER_RTT_SECTION_DTCM
+	bool "Place RTT data in the DTCM linker section"
+
+endchoice
+
 endif
diff --git a/subsys/tracing/sysview/Kconfig b/subsys/tracing/sysview/Kconfig
index f4cef18caca..49c738d2ccb 100644
--- a/subsys/tracing/sysview/Kconfig
+++ b/subsys/tracing/sysview/Kconfig
@@ -16,4 +16,15 @@ config SEGGER_SYSVIEW_POST_MORTEM_MODE
 	bool "Enable post-mortem mode for SystemView"
 	depends on SEGGER_SYSTEMVIEW
 
+choice SEGGER_SYSVIEW_SECTION
+	prompt "Choose SystemView data linker section"
+
+config SEGGER_SYSVIEW_SECTION_NONE
+	bool "Place SystemView data in the default linker section"
+
+config SEGGER_SYSVIEW_SECTION_DTCM
+	bool "Place SystemView data in the DTCM linker section"
+
+endchoice
+
 endif
diff --git a/west.yml b/west.yml
index d43a1c8ae20..60014c7bc68 100644
--- a/west.yml
+++ b/west.yml
@@ -114,7 +114,7 @@ manifest:
       revision: f9fbfad0119d7b0d473eaac50c2f0a0a483c2823
       path: modules/lib/openthread
     - name: segger
-      revision: 874d9e9696b00c09f9eeefe839028dc25fe44983
+      revision: 38c79a447e4a47d413b4e8d34448316a5cece77c
       path: modules/debug/segger
     - name: tinycbor
       path: modules/lib/tinycbor