diff --git a/var/spack/repos/builtin/packages/hip/package.py b/var/spack/repos/builtin/packages/hip/package.py
index bdeecc424ab..8cbd01ff1f5 100644
--- a/var/spack/repos/builtin/packages/hip/package.py
+++ b/var/spack/repos/builtin/packages/hip/package.py
@@ -597,6 +597,12 @@ def cmake_args(self):
             # should find llvm-amdgpu
             self.define("LLVM_ROOT", self.spec["llvm-amdgpu"].prefix),
             self.define("Clang_ROOT", self.spec["llvm-amdgpu"].prefix),
+            # Use the new behaviour of the policy CMP0074
+            # (https://cmake.org/cmake/help/latest/policy/CMP0074.html) which will search
+            # "prefixes specified by the <PackageName>_ROOT CMake variable".
+            # From HIP 6.2 onwards the policy is set explicitly by HIP itself:
+            # https://github.com/ROCm/clr/commit/a2a8dad980b0fa1a6086e0c0f95847ae80f5a2c6.
+            self.define("CMAKE_POLICY_DEFAULT_CMP0074", "NEW"),
         ]
         if self.spec.satisfies("+rocm"):
             args.append(self.define("HSA_PATH", self.spec["hsa-rocr-dev"].prefix))