I think it depends on the observable effect of the upgrade to a consumer of your component. Did the dependency upgrade just improve performance? fix a bug? Add

I think it depends on the observable effect of the upgrade to a consumer of your component. Did the dependency upgrade just improve performance? fix a bug? Add a new capability? Remove a backward compatible feature? Certainly doesn’t automatically follow that if a dependency upgrade adds a feature, that that is a feature addition in your code, because you haven’t changed your code to use the new feature. But it could be - if you upgraded a parser library so it now supports strings longer than 4K, maybe your component now supports strings longer than 4K too and that merits a minor version bump. It can be a pretty subtle judgement - especially with potentially deep dependency trees like are common in node. If you’re bumping a dependency because the dependency has bumped one of its dependencies… can be tricky to figure out if there’s actually a noticeable effect.