diff --git a/src/jsc/JSValue.rs b/src/jsc/JSValue.rs
index 033bc3c364f9..a441dd71e3e4 100644
--- a/src/jsc/JSValue.rs
+++ b/src/jsc/JSValue.rs
@@ -959,6 +959,17 @@ impl JSValue {
         }
         self.as_array_buffer(global)
     }
+    /// If `self` is a `FastTypedArray` (small view whose vector lives in the
+    /// GC heap), force it into wasteful mode so the engine can never relocate
+    /// its data. JSC moves such vectors on its own, e.g. DFG tier-up
+    /// registers an ArrayBufferView watchpoint whose installation calls
+    /// `possiblySharedBuffer()` and repoints the vector. Must be called
+    /// before capturing the data pointer for use beyond the current native
+    /// call. No-op for every other storage mode (their data never moves).
+    /// Returns `false` on allocation failure.
+    pub fn ensure_stable_typed_array_vector(self) -> bool {
+        JSC__JSValue__ensureStableTypedArrayVector(self)
+    }
     /// Generic downcast. Dispatches via [`JsClass::from_js`].
     #[inline]
     pub fn as_<T: JsClass>(self) -> Option<*mut T> {
@@ -2075,6 +2086,7 @@ unsafe extern "C" {
         out: &mut ArrayBuffer,
     ) -> bool;
     safe fn JSC__JSValue__pinArrayBuffer(this: JSValue) -> bool;
+    safe fn JSC__JSValue__ensureStableTypedArrayVector(this: JSValue) -> bool;
     safe fn JSC__JSValue__asPromise(this: JSValue) -> *mut JSPromise;
     safe fn JSC__JSValue__asInternalPromise(this: JSValue) -> *mut JSInternalPromise;
     safe fn Bun__attachAsyncStackFromPromise(
diff --git a/src/jsc/bindings/bindings.cpp b/src/jsc/bindings/bindings.cpp
index 1f0a29596548..6af03a5418fd 100644
--- a/src/jsc/bindings/bindings.cpp
+++ b/src/jsc/bindings/bindings.cpp
@@ -3381,6 +3381,27 @@ CPP_DECL void JSC__JSValue__unpinArrayBuffer(JSC::EncodedJSValue v)
     }
 }
 
+// Make a view's data pointer permanently stable before handing the raw
+// address out for use beyond the current call (FFI.ptr). A FastTypedArray's
+// vector lives in the GC heap and is RELOCATED when the view transitions to
+// wasteful mode (slowDownAndWasteMemory copies into a fresh ArrayBuffer and
+// repoints m_vector), and the engine triggers that transition on its own:
+// DFG tier-up folds the view into compiled code and registers an
+// ArrayBufferView watchpoint, whose installation calls
+// possiblySharedBuffer() (ArrayBufferViewWatchpointAdaptor::add in
+// DFGDesiredWatchpoints.cpp). Forcing the transition up front means the
+// address we are about to capture can never be invalidated. Every other mode
+// already has stable storage: Oversize is fastMalloc'd and adopted in place,
+// Wasteful/DataView already have an ArrayBuffer, and JSArrayBuffer data never
+// moves. Returns false only if the transition failed (allocation failure).
+CPP_DECL bool JSC__JSValue__ensureStableTypedArrayVector(JSC::EncodedJSValue v)
+{
+    auto* view = dynamicDowncast<JSC::JSArrayBufferView>(JSC::JSValue::decode(v));
+    if (!view || view->mode() != JSC::FastTypedArray)
+        return true;
+    return !!view->possiblySharedBuffer();
+}
+
 // Borrow `v`'s byte storage for off-thread reading. Splits out only the
 // `FastTypedArray` case from `pinArrayBuffer`, because that's the one mode
 // where `possiblySharedBuffer()` actually COPIES data
diff --git a/src/runtime/ffi/FFIObject.rs b/src/runtime/ffi/FFIObject.rs
index e96fda5b76c2..4b78ac49dd3c 100644
--- a/src/runtime/ffi/FFIObject.rs
+++ b/src/runtime/ffi/FFIObject.rs
@@ -428,6 +428,15 @@ fn ptr_(global_this: &JSGlobalObject, value: JSValue, byte_offset: Option<JSValu
         return JSValue::NULL;
     }
 
+    // The returned address outlives this call, so the view's storage must be
+    // made permanently immovable first: a FastTypedArray's vector is
+    // relocated by the engine itself (e.g. at DFG tier-up), which would leave
+    // the captured pointer dangling.
+    // https://github.com/oven-sh/bun/issues/32054
+    if !value.ensure_stable_typed_array_vector() {
+        return global_this.throw_out_of_memory_value();
+    }
+
     let Some(array_buffer) = value.as_array_buffer(global_this) else {
         return global_this.to_invalid_arguments(format_args!(
             "Expected ArrayBufferView but received {:?}",
diff --git a/test/js/bun/ffi/ffi.test.js b/test/js/bun/ffi/ffi.test.js
index 1a66bae5d943..10a92b532b93 100644
--- a/test/js/bun/ffi/ffi.test.js
+++ b/test/js/bun/ffi/ffi.test.js
@@ -647,6 +647,50 @@ it("read", () => {
   delete globalThis.buffer;
 });
 
+// https://github.com/oven-sh/bun/issues/32054
+it("ptr(typedArray) stays valid after DFG tier-up", async () => {
+  const code = `
+    import { ptr, read } from "bun:ffi";
+    const out = new Float64Array(1);
+    out[0] = 1.5;
+    const outPtr = ptr(out);
+    function main() {
+      let sum = 0;
+      for (let i = 0; i < 10_000; i++) {
+        sum += out[0];
+      }
+      return sum;
+    }
+    main();
+    if (ptr(out) !== outPtr) {
+      console.log("MOVED: the view's storage was relocated after ptr() was taken");
+      process.exit(1);
+    }
+    out[0] = 42.5;
+    if (read.f64(outPtr) !== 42.5) {
+      console.log("STALE: write through the view is not visible at the captured address");
+      process.exit(1);
+    }
+    console.log("STABLE");
+  `;
+  await using proc = Bun.spawn({
+    cmd: [bunExe(), "-e", code],
+    env: {
+      ...bunEnv,
+      // Force deterministic, early tier-up so the loop above reliably
+      // DFG-compiles (which registers an ArrayBufferView watchpoint on the
+      // folded view; registration relocates a FastTypedArray's vector).
+      BUN_JSC_useConcurrentJIT: "false",
+      BUN_JSC_thresholdForOptimizeAfterWarmUp: "100",
+      BUN_JSC_thresholdForOptimizeSoon: "100",
+    },
+    stderr: "pipe",
+  });
+  const [stdout, stderr, exitCode] = await Promise.all([proc.stdout.text(), proc.stderr.text(), proc.exited]);
+  expect(stdout.trim()).toBe("STABLE");
+  expect(exitCode).toBe(0);
+});
+
 if (ok) {
   describe("run ffi", () => {
     ffiRunner(false);