diff --git a/VERSION b/VERSION
index 3c241c074b1..727e26625a0 100644
--- a/VERSION
+++ b/VERSION
@@ -1,6 +1,6 @@
 MAJOR = 2
 MINOR = 4
-PATCH = 0
+PATCH = 1
 # A specific DATE (YYYY-MM-DD) fixes an official release, otherwise
 # it is considered Development version.
 DATE  = 2022-08-29
diff --git a/src/acc/libsmm_acc/libsmm_acc.cpp b/src/acc/libsmm_acc/libsmm_acc.cpp
index 4780a21ed2d..ade641a67d3 100644
--- a/src/acc/libsmm_acc/libsmm_acc.cpp
+++ b/src/acc/libsmm_acc/libsmm_acc.cpp
@@ -137,8 +137,8 @@ inline void jit_kernel(ACC_DRV(function) & kern_func, libsmm_acc_algo algo, int
 
   // (JIT-)compile kernel program
 #if defined(__CUDA) || defined(__HIP_PLATFORM_NVCC__)
-  const char* compileOptions[] = {"-D__CUDA", "-O3", "-w", ARCH_OPTION};
-  size_t nOptions = 4;
+  const char* compileOptions[] = {"-D__CUDA", "-w", ARCH_OPTION};
+  size_t nOptions = 3;
 #else
   const char* compileOptions[] = {"-D__HIP", "-O3", "-w"};
   size_t nOptions = 3;