diff --git a/torch_xla/csrc/init_python_bindings.cpp b/torch_xla/csrc/init_python_bindings.cpp
index ce6012c1073..c163ac07491 100644
--- a/torch_xla/csrc/init_python_bindings.cpp
+++ b/torch_xla/csrc/init_python_bindings.cpp
@@ -1618,6 +1618,14 @@ void InitXlaModuleBindings(py::module m) {
            []() {
             return XLAGraphExecutor::Get()->IsComputationCacheInitialized();
            })
+      .def("_xla_computation_cache_clear",
+            []() {
+              WaitDeviceOps();// wait for any inflight computations which may hold references to cached computations
+              XLAGraphExecutor::ComputationCache* cache = XLAGraphExecutor::Get()->GetComputationCache();
+              if (cache != nullptr) {
+                cache->Clear();
+              }
+            })
       .def("_get_git_revs",  //
            &GetRevisions)
       .def("_get_xla_tensor_dimension_size",
diff --git a/torch_xla/runtime.py b/torch_xla/runtime.py
index 4e6352bc552..25c2e707af9 100644
--- a/torch_xla/runtime.py
+++ b/torch_xla/runtime.py
@@ -274,3 +274,15 @@ def get_num_cached_compilation_graph():
   the compilation graph will be fetched into the in-memory cache.
   """
   return torch_xla._XLAC._xla_get_num_cached_compilation_graph()
+
+
+def clear_computation_cache():
+  """Clears the XLA computation cache contents, if computation cache is initialized.
+  Returns:
+    bool: whether the cache was cleared successfully.
+  """
+  if not torch_xla._XLAC._xla_computation_cache_is_initialized():
+    warnings.warn("Computation cache must be initialized to clear it.")
+    return False
+  torch_xla._XLAC._xla_computation_cache_clear()
+  return True