diff --git a/requirements/posix.txt b/requirements/posix.txt
index 005ccb31..aa335c18 100644
--- a/requirements/posix.txt
+++ b/requirements/posix.txt
@@ -1,6 +1,6 @@
 cloudpickle
 ipykernel>=6.23.2,<7
-ipython>=7.31.1,<9
+ipython>=8.12.2,<9
 jupyter_client>=7.4.9,<9
 pyzmq>=22.1.0
 wurlitzer>=1.0.3
diff --git a/requirements/windows.txt b/requirements/windows.txt
index d87d5415..ec6e8483 100644
--- a/requirements/windows.txt
+++ b/requirements/windows.txt
@@ -1,5 +1,5 @@
 cloudpickle
 ipykernel>=6.23.2,<7
-ipython>=7.31.1,<9
+ipython>=8.12.2,<9
 jupyter_client>=7.4.9,<9
 pyzmq>=22.1.0
diff --git a/setup.py b/setup.py
index 78460701..7083d1f5 100644
--- a/setup.py
+++ b/setup.py
@@ -38,7 +38,8 @@ def get_version(module='spyder_kernels'):
 REQUIREMENTS = [
     'cloudpickle',
     'ipykernel>=6.23.2,<7',
-    'ipython>=7.31.1,<9,!=8.8.0,!=8.9.0,!=8.10.0,!=8.11.0,!=8.12.0,!=8.12.1',
+    'ipython>=8.12.2,<8.13; python_version=="3.8"',
+    'ipython>=8.13.0,<9; python_version>"3.8"',
     'jupyter-client>=7.4.9,<9',
     'pyzmq>=22.1.0',
     'wurlitzer>=1.0.3;platform_system!="Windows"',
@@ -79,7 +80,7 @@ def get_version(module='spyder_kernels'):
     install_requires=REQUIREMENTS,
     extras_require={'test': TEST_REQUIREMENTS},
     include_package_data=True,
-    python_requires='>=3.7',
+    python_requires='>=3.8',
     classifiers=[
         'Development Status :: 5 - Production/Stable',
         'Framework :: Jupyter',
@@ -88,10 +89,11 @@ def get_version(module='spyder_kernels'):
         'License :: OSI Approved :: MIT License',
         'Operating System :: OS Independent',
         'Programming Language :: Python :: 3',
-        'Programming Language :: Python :: 3.7',
         'Programming Language :: Python :: 3.8',
         'Programming Language :: Python :: 3.9',
         'Programming Language :: Python :: 3.10',
+        'Programming Language :: Python :: 3.11',
+        'Programming Language :: Python :: 3.12',
         'Topic :: Software Development :: Interpreters',
     ]
 )