diff --git a/charts/argo-cd/Chart.yaml b/charts/argo-cd/Chart.yaml
index 17f14860..7c567502 100644
--- a/charts/argo-cd/Chart.yaml
+++ b/charts/argo-cd/Chart.yaml
@@ -2,7 +2,7 @@ apiVersion: v2
 appVersion: v2.4.0
 description: A Helm chart for Argo CD, a declarative, GitOps continuous delivery tool for Kubernetes.
 name: argo-cd
-version: 4.9.2
+version: 4.9.3
 home: https://github.com/argoproj/argo-helm
 icon: https://argo-cd.readthedocs.io/en/stable/assets/logo.png
 keywords:
@@ -21,4 +21,4 @@ dependencies:
     condition: redis-ha.enabled
 annotations:
   artifacthub.io/changes: |
-    - "[Changed]: Use latest URLs"
+    - "[Fixed]: Long release names cause invalid app controller statefulset resource"
diff --git a/charts/argo-cd/templates/_helpers.tpl b/charts/argo-cd/templates/_helpers.tpl
index 44af06dd..71d91b20 100644
--- a/charts/argo-cd/templates/_helpers.tpl
+++ b/charts/argo-cd/templates/_helpers.tpl
@@ -26,9 +26,11 @@ If release name contains chart name it will be used as a full name.
 
 {{/*
 Create controller name and version as used by the chart label.
+Truncated at 52 chars because StatefulSet label 'controller-revision-hash' is limited
+to 63 chars and it includes 10 chars of hash and a separating '-'.
 */}}
 {{- define "argo-cd.controller.fullname" -}}
-{{- printf "%s-%s" (include "argo-cd.fullname" .) .Values.controller.name | trunc 63 | trimSuffix "-" -}}
+{{- printf "%s-%s" (include "argo-cd.fullname" .) .Values.controller.name | trunc 52 | trimSuffix "-" -}}
 {{- end -}}
 
 {{/*