diff --git a/Lib/test/test_builtin.py b/Lib/test/test_builtin.py
index 7a3ab2274a5..9a0bf524e39 100644
--- a/Lib/test/test_builtin.py
+++ b/Lib/test/test_builtin.py
@@ -308,14 +308,13 @@ class C3(C2): pass
         self.assertTrue(callable(c3))
 
     def test_chr(self):
+        self.assertEqual(chr(0), '\0')
         self.assertEqual(chr(32), ' ')
         self.assertEqual(chr(65), 'A')
         self.assertEqual(chr(97), 'a')
         self.assertEqual(chr(0xff), '\xff')
-        self.assertRaises(ValueError, chr, 1<<24)
-        self.assertEqual(chr(sys.maxunicode),
-                         str('\\U0010ffff'.encode("ascii"), 'unicode-escape'))
         self.assertRaises(TypeError, chr)
+        self.assertRaises(TypeError, chr, 65.0)
         self.assertEqual(chr(0x0000FFFF), "\U0000FFFF")
         self.assertEqual(chr(0x00010000), "\U00010000")
         self.assertEqual(chr(0x00010001), "\U00010001")
@@ -327,7 +326,11 @@ def test_chr(self):
         self.assertEqual(chr(0x0010FFFF), "\U0010FFFF")
         self.assertRaises(ValueError, chr, -1)
         self.assertRaises(ValueError, chr, 0x00110000)
-        self.assertRaises((OverflowError, ValueError), chr, 2**32)
+        self.assertRaises(ValueError, chr, 1<<24)
+        self.assertRaises(ValueError, chr, 2**32-1)
+        self.assertRaises(ValueError, chr, -2**32)
+        self.assertRaises(ValueError, chr, 2**1000)
+        self.assertRaises(ValueError, chr, -2**1000)
 
     def test_cmp(self):
         self.assertTrue(not hasattr(builtins, "cmp"))
diff --git a/Misc/NEWS.d/next/Core and Builtins/2024-02-01-23-43-49.gh-issue-76763.o_2J6i.rst b/Misc/NEWS.d/next/Core and Builtins/2024-02-01-23-43-49.gh-issue-76763.o_2J6i.rst
new file mode 100644
index 00000000000..d35d3d87073
--- /dev/null
+++ b/Misc/NEWS.d/next/Core and Builtins/2024-02-01-23-43-49.gh-issue-76763.o_2J6i.rst	
@@ -0,0 +1,3 @@
+The :func:`chr` builtin function now always raises :exc:`ValueError` for
+values outside the valid range. Previously it raised :exc:`OverflowError` for
+very large or small values.
diff --git a/Python/bltinmodule.c b/Python/bltinmodule.c
index 31c1bf07e8f..b0074962b73 100644
--- a/Python/bltinmodule.c
+++ b/Python/bltinmodule.c
@@ -703,17 +703,34 @@ builtin_format_impl(PyObject *module, PyObject *value, PyObject *format_spec)
 /*[clinic input]
 chr as builtin_chr
 
-    i: int
+    i: object
     /
 
 Return a Unicode string of one character with ordinal i; 0 <= i <= 0x10ffff.
 [clinic start generated code]*/
 
 static PyObject *
-builtin_chr_impl(PyObject *module, int i)
-/*[clinic end generated code: output=c733afcd200afcb7 input=3f604ef45a70750d]*/
+builtin_chr(PyObject *module, PyObject *i)
+/*[clinic end generated code: output=d34f25b8035a9b10 input=f919867f0ba2f496]*/
 {
-    return PyUnicode_FromOrdinal(i);
+    int overflow;
+    long v = PyLong_AsLongAndOverflow(i, &overflow);
+    if (v == -1 && PyErr_Occurred()) {
+        return NULL;
+    }
+    if (overflow) {
+        v = overflow < 0 ? INT_MIN : INT_MAX;
+        /* Allow PyUnicode_FromOrdinal() to raise an exception */
+    }
+#if SIZEOF_INT < SIZEOF_LONG
+    else if (v < INT_MIN) {
+        v = INT_MIN;
+    }
+    else if (v > INT_MAX) {
+        v = INT_MAX;
+    }
+#endif
+    return PyUnicode_FromOrdinal(v);
 }
 
 
diff --git a/Python/clinic/bltinmodule.c.h b/Python/clinic/bltinmodule.c.h
index 8d40e659b54..3898f987cd6 100644
--- a/Python/clinic/bltinmodule.c.h
+++ b/Python/clinic/bltinmodule.c.h
@@ -233,25 +233,6 @@ PyDoc_STRVAR(builtin_chr__doc__,
 #define BUILTIN_CHR_METHODDEF    \
     {"chr", (PyCFunction)builtin_chr, METH_O, builtin_chr__doc__},
 
-static PyObject *
-builtin_chr_impl(PyObject *module, int i);
-
-static PyObject *
-builtin_chr(PyObject *module, PyObject *arg)
-{
-    PyObject *return_value = NULL;
-    int i;
-
-    i = PyLong_AsInt(arg);
-    if (i == -1 && PyErr_Occurred()) {
-        goto exit;
-    }
-    return_value = builtin_chr_impl(module, i);
-
-exit:
-    return return_value;
-}
-
 PyDoc_STRVAR(builtin_compile__doc__,
 "compile($module, /, source, filename, mode, flags=0,\n"
 "        dont_inherit=False, optimize=-1, *, _feature_version=-1)\n"
@@ -1212,4 +1193,4 @@ builtin_issubclass(PyObject *module, PyObject *const *args, Py_ssize_t nargs)
 exit:
     return return_value;
 }
-/*[clinic end generated code: output=31bded5d08647a57 input=a9049054013a1b77]*/
+/*[clinic end generated code: output=643a8d5f900e0c36 input=a9049054013a1b77]*/