diff --git a/Misc/NEWS.d/next/Windows/2024-09-10-19-23-00.gh-issue-123915.yZMEDO.rst b/Misc/NEWS.d/next/Windows/2024-09-10-19-23-00.gh-issue-123915.yZMEDO.rst
new file mode 100644
index 00000000000000..026b09d3601272
--- /dev/null
+++ b/Misc/NEWS.d/next/Windows/2024-09-10-19-23-00.gh-issue-123915.yZMEDO.rst
@@ -0,0 +1 @@
+Ensure that ``Tools\msi\buildrelease.bat`` uses different directories for AMD64 and ARM64 builds.
diff --git a/Tools/msi/buildrelease.bat b/Tools/msi/buildrelease.bat
index 839f6204d9e0b2..77fb4779208853 100644
--- a/Tools/msi/buildrelease.bat
+++ b/Tools/msi/buildrelease.bat
@@ -127,7 +127,7 @@ if "%1" EQU "x86" (
     set OUTDIR_PLAT=amd64
     set OBJDIR_PLAT=x64
 ) else if "%1" EQU "ARM64" (
-    set BUILD=%Py_OutDir%amd64\
+    set BUILD=%Py_OutDir%arm64\
     set PGO=%~2
     set BUILD_PLAT=ARM64
     set OUTDIR_PLAT=arm64