diff --git a/examples/text-generation/utils.py b/examples/text-generation/utils.py
index d6152c90fa..211e58861c 100644
--- a/examples/text-generation/utils.py
+++ b/examples/text-generation/utils.py
@@ -36,7 +36,7 @@
     model_on_meta,
     write_checkpoints_json,
 )
-from optimum.habana.utils import check_habana_frameworks_min_version, check_optimum_habana_min_version, set_seed
+from optimum.habana.utils import check_habana_frameworks_version, check_optimum_habana_min_version, set_seed
 
 
 def override_print(enable):
@@ -132,7 +132,8 @@ def setup_model(args, model_dtype, model_kwargs, logger):
     if args.use_hpu_graphs:
         from habana_frameworks.torch.hpu import wrap_in_hpu_graph
 
-        if check_habana_frameworks_min_version("1.13.0"):
+        # TODO: remove the following check from SynapseAI v1.15
+        if check_habana_frameworks_version("1.13.0"):
             if model.config.model_type == "falcon":
                 args.skip_hash_with_views = True
             model = wrap_in_hpu_graph(model, hash_with_views=not args.skip_hash_with_views)
diff --git a/optimum/habana/utils.py b/optimum/habana/utils.py
index 20fe0735ac..702aea456b 100644
--- a/optimum/habana/utils.py
+++ b/optimum/habana/utils.py
@@ -336,6 +336,13 @@ def check_habana_frameworks_min_version(min_version):
         return True
 
 
+def check_habana_frameworks_version(req_version):
+    """
+    Checks if the installed version of `habana_frameworks` is equal to `req_version`.
+    """
+    return get_habana_frameworks_version() == version.parse(req_version)
+
+
 def get_device_name():
     """
     Returns the name of the current device: Gaudi or Gaudi2.