diff --git a/packages/rn-tester/Podfile.lock b/packages/rn-tester/Podfile.lock
index d04d379762b..898d8d5b859 100644
--- a/packages/rn-tester/Podfile.lock
+++ b/packages/rn-tester/Podfile.lock
@@ -881,7 +881,7 @@ SPEC CHECKSUMS:
   CocoaAsyncSocket: 065fd1e645c7abab64f7a6a2007a48038fdc6a99
   DoubleConversion: 831926d9b8bf8166fd87886c4abab286c2422662
   FBLazyVector: b81a2b70c72d8b0aefb652cea22c11e9ffd02949
-  FBReactNativeSpec: 755b7fee1b08aefd74fb2fa9f7312b253719d536
+  FBReactNativeSpec: 02b0c2bc3cf30c9ab1d5af08c22b5573bc6af06c
   Flipper: 30e8eeeed6abdc98edaf32af0cda2f198be4b733
   Flipper-Boost-iOSX: fd1e2b8cbef7e662a122412d7ac5f5bea715403c
   Flipper-DoubleConversion: 57ffbe81ef95306cc9e69c4aa3aeeeeb58a6a28c
@@ -923,13 +923,13 @@ SPEC CHECKSUMS:
   React-RCTTest: 12bbd7fc2e72bd9920dc7286c5b8ef96639582b6
   React-RCTText: e9146b2c0550a83d1335bfe2553760070a2d75c7
   React-RCTVibration: 50be9c390f2da76045ef0dfdefa18b9cf9f35cfa
-  React-rncore: d09af3a25cbff0b484776785676c28f3729e07f5
+  React-rncore: 5293698ae0222ddbaf47ce6193591b5fe3cb826c
   React-runtimeexecutor: 4b0c6eb341c7d3ceb5e2385cb0fdb9bf701024f3
   ReactCommon: 7a2714d1128f965392b6f99a8b390e3aa38c9569
-  ScreenshotManager: e8a3fc9b2e24b81127b36cb4ebe0eed65090c949
+  ScreenshotManager: 99830e1bd3d2b595ef092bb20fe9bb644deb9082
   Yoga: c0d06f5380d34e939f55420669a60fe08b79bd75
   YogaKit: f782866e155069a2cca2517aafea43200b01fd5a
 
-PODFILE CHECKSUM: 6810c1f54b7ab3da57902075dc52d71735447464
+PODFILE CHECKSUM: 064c91fbb8ac895e453a791ebaaae5cfe9c8557d
 
 COCOAPODS: 1.11.2
diff --git a/scripts/react_native_pods.rb b/scripts/react_native_pods.rb
index 77e045f286e..4d91bfa1c80 100644
--- a/scripts/react_native_pods.rb
+++ b/scripts/react_native_pods.rb
@@ -8,6 +8,8 @@ require 'pathname'
 $CODEGEN_OUTPUT_DIR = 'build/generated/ios'
 $CODEGEN_COMPONENT_DIR = 'react/renderer/components'
 $CODEGEN_MODULE_DIR = '.'
+$REACT_CODEGEN_PODSPEC_GENERATED = false
+$REACT_CODEGEN_DISCOVERY_DONE = false
 
 def use_react_native! (options={})
   # The prefix to react-native
@@ -69,8 +71,6 @@ def use_react_native! (options={})
   pod 'RCT-Folly', :podspec => "#{prefix}/third-party-podspecs/RCT-Folly.podspec"
 
   if ENV['USE_CODEGEN_DISCOVERY'] == '1'
-    Pod::UI.puts "[Codegen] Building target with codegen library discovery enabled."
-    # TODO: Make sure this is run only once per execution.
     app_path = options[:app_path]
     config_file_dir = options[:config_file_dir]
     use_react_native_codegen_discovery!({
@@ -79,11 +79,14 @@ def use_react_native! (options={})
       fabric_enabled: fabric_enabled,
       config_file_dir: config_file_dir,
     })
+  else
+    # Generate a podspec file for generated files.
+    # This gets generated in use_react_native_codegen_discovery when codegen discovery is enabled.
+    react_codegen_spec = get_react_codegen_spec(fabric_enabled: fabric_enabled)
+    generate_react_codegen_podspec!(react_codegen_spec)
   end
 
-  # Generate a podspec file for generated files.
-  temp_podinfo = generate_temp_pod_spec_for_codegen!(fabric_enabled)
-  pod temp_podinfo['spec']['name'], :path => temp_podinfo['path']
+  pod 'React-Codegen', :path => $CODEGEN_OUTPUT_DIR
 
   if fabric_enabled
     checkAndGenerateEmptyThirdPartyProvider!(prefix)
@@ -267,10 +270,9 @@ def checkAndGenerateEmptyThirdPartyProvider!(react_native_path)
   end
 end
 
-def generate_temp_pod_spec_for_codegen!(fabric_enabled)
-  relative_installation_root = Pod::Config.instance.installation_root.relative_path_from(Pathname.pwd)
-  output_dir = "#{relative_installation_root}/#{$CODEGEN_OUTPUT_DIR}"
-  Pod::Executable.execute_command("mkdir", ["-p", output_dir]);
+def get_react_codegen_spec(options={})
+  fabric_enabled = options[:fabric_enabled] ||= false
+  script_phases = options[:script_phases] ||= nil
 
   package = JSON.parse(File.read(File.join(__dir__, "..", "package.json")))
   version = package['version']
@@ -283,7 +285,6 @@ def generate_temp_pod_spec_for_codegen!(fabric_enabled)
     source[:tag] = "v#{version}"
   end
 
-
   folly_compiler_flags = '-DFOLLY_NO_CONFIG -DFOLLY_MOBILE=1 -DFOLLY_USE_LIBCPP=1 -Wno-comma -Wno-shorten-64-to-32'
   folly_version = '2021.06.28.00-v2'
   boost_version = '1.76.0'
@@ -331,6 +332,161 @@ def generate_temp_pod_spec_for_codegen!(fabric_enabled)
     });
   end
 
+  if script_phases
+    Pod::UI.puts "[Codegen] Adding script_phases to React-Codegen."
+    spec[:'script_phases'] = script_phases
+  end
+
+  return spec
+end
+
+def get_react_codegen_script_phases(options={})
+  app_path = options[:app_path] ||= ''
+  if !app_path
+    Pod::UI.warn '[Codegen] error: app_path is requried to use codegen discovery.'
+    exit 1
+  end
+
+  # We need to convert paths to relative path from installation_root for the script phase for CI.
+  relative_app_root = Pathname.new(app_path).relative_path_from(Pod::Config.instance.installation_root)
+
+  config_file_dir = options[:config_file_dir] ||= ''
+  relative_config_file_dir = ''
+  if config_file_dir
+    relative_config_file_dir = Pathname.new(config_file_dir).relative_path_from(Pod::Config.instance.installation_root)
+  end
+
+  fabric_enabled = options[:fabric_enabled] ||= false
+
+  # react_native_path should be relative already.
+  react_native_path = options[:react_native_path] ||= "../node_modules/react-native"
+
+  # Add a script phase to trigger generate artifact.
+  # Some code is duplicated so that it's easier to delete the old way and switch over to this once it's stabilized.
+  return {
+    'name': 'Generate Specs',
+    'execution_position': :before_compile,
+    'input_files' => ['${DERIVED_FILE_DIR}/.tmpfile'],
+    'show_env_vars_in_log': true,
+    'output_files': ["${DERIVED_FILE_DIR}/react-codegen.log"],
+    'script': %{set -o pipefail
+set -e
+
+# A known hack to run this script every time.
+# TODO: Further improvement will be to specify actual input files
+# so that it doesn't have to rebuild libraries every time.
+touch "${SCRIPT_INPUT_FILE_0}"
+
+pushd "${PODS_ROOT}/../" > /dev/null
+POD_INSTALLATION_ROOT=$(pwd)
+popd >/dev/null
+RN_DIR=$(cd "$POD_INSTALLATION_ROOT/#{react_native_path}" && pwd)
+
+GENERATED_SRCS_DIR="$\{DERIVED_FILE_DIR\}/generated/source/codegen-discovery"
+TEMP_OUTPUT_DIR="$GENERATED_SRCS_DIR/out"
+
+APP_PATH="$POD_INSTALLATION_ROOT/#{$relative_app_root}"
+CONFIG_FILE_DIR="#{relative_config_file_dir ? "$POD_INSTALLATION_ROOT/#{relative_config_file_dir}" : ''}"
+OUTPUT_DIR="$POD_INSTALLATION_ROOT"
+FABRIC_ENABLED="#{fabric_enabled}"
+
+CODEGEN_REPO_PATH="$RN_DIR/packages/react-native-codegen"
+CODEGEN_NPM_PATH="$RN_DIR/../react-native-codegen"
+CODEGEN_CLI_PATH=""
+
+# Determine path to react-native-codegen
+if [ -d "$CODEGEN_REPO_PATH" ]; then
+  CODEGEN_CLI_PATH=$(cd "$CODEGEN_REPO_PATH" && pwd)
+elif [ -d "$CODEGEN_NPM_PATH" ]; then
+  CODEGEN_CLI_PATH=$(cd "$CODEGEN_NPM_PATH" && pwd)
+else
+  echo "error: Could not determine react-native-codegen location. Try running 'yarn install' or 'npm install' in your project root." >> "${SCRIPT_OUTPUT_FILE_0}" 2>&1
+  exit 1
+fi
+
+find_node () {
+  source "$RN_DIR/scripts/find-node.sh"
+
+  NODE_BINARY="${NODE_BINARY:-$(command -v node || true)}"
+  if [ -z "$NODE_BINARY" ]; then
+    echo "error: Could not find node. Make sure it is in bash PATH or set the NODE_BINARY environment variable." >> "${SCRIPT_OUTPUT_FILE_0}" 2>&1
+    exit 1
+  fi
+}
+
+setup_dirs () {
+  set +e
+  rm -rf "$GENERATED_SRCS_DIR"
+  set -e
+
+  mkdir -p "$GENERATED_SRCS_DIR" "$TEMP_OUTPUT_DIR"
+
+  # Clear output files
+  > "${SCRIPT_OUTPUT_FILE_0}"
+}
+
+describe () {
+  printf "\\n\\n>>>>> %s\\n\\n\\n" "$1" >> "${SCRIPT_OUTPUT_FILE_0}" 2>&1
+}
+
+buildCodegenCLI () {
+  if [ ! -d "$CODEGEN_CLI_PATH/lib" ]; then
+    describe "Building react-native-codegen package"
+    bash "$CODEGEN_CLI_PATH/scripts/oss/build.sh"
+  fi
+}
+
+generateArtifacts () {
+  describe "Generating codegen artifacts"
+  pushd "$RN_DIR" >/dev/null || exit 1
+CONFIG_FILE_DIR="$POD_INSTALLATION_ROOT/#{$relative_config_file_dir}"
+    "$NODE_BINARY" "scripts/generate-artifacts.js" --path "$APP_PATH" --outputPath "$OUTPUT_DIR" --fabricEnabled "$FABRIC_ENABLED" --configFileDir "$CONFIG_FILE_DIR"
+  popd >/dev/null || exit 1
+}
+
+moveOutputs () {
+  mkdir -p "$OUTPUT_DIR"
+
+  # Copy all output to output_dir
+  cp -R "$TEMP_OUTPUT_DIR/" "$OUTPUT_DIR" || exit 1
+  echo "Output has been written to $OUTPUT_DIR:" >> "${SCRIPT_OUTPUT_FILE_0}" 2>&1
+  ls -1 "$OUTPUT_DIR" >> "${SCRIPT_OUTPUT_FILE_0}" 2>&1
+}
+
+main () {
+  setup_dirs
+  find_node
+  buildCodegenCLI
+  generateArtifacts
+  moveOutputs
+}
+
+main "$@"
+echo 'Done.' >> "${SCRIPT_OUTPUT_FILE_0}" 2>&1
+    },
+  }
+
+end
+
+def set_react_codegen_podspec_generated(value)
+  $REACT_CODEGEN_PODSPEC_GENERATED = value
+end
+
+def has_react_codegen_podspec_generated()
+  return $REACT_CODEGEN_PODSPEC_GENERATED
+end
+
+def generate_react_codegen_podspec!(spec)
+  # This podspec file should only be create once in the session/pod install.
+  # This happens when multiple targets are calling use_react_native!.
+  if has_react_codegen_podspec_generated()
+    Pod::UI.puts "[Codegen] Skipping React-Codegen podspec generation."
+    return
+  end
+  relative_installation_root = Pod::Config.instance.installation_root.relative_path_from(Pathname.pwd)
+  output_dir = "#{relative_installation_root}/#{$CODEGEN_OUTPUT_DIR}"
+  Pod::Executable.execute_command("mkdir", ["-p", output_dir]);
+
   podspec_path = File.join(output_dir, 'React-Codegen.podspec.json')
   Pod::UI.puts "[Codegen] Generating #{podspec_path}"
 
@@ -339,6 +495,8 @@ def generate_temp_pod_spec_for_codegen!(fabric_enabled)
     f.fsync
   end
 
+  set_react_codegen_podspec_generated(true)
+
   return {
     "spec" => spec,
     "path" => $CODEGEN_OUTPUT_DIR,  # Path needs to be relative to `Podfile`
@@ -349,27 +507,40 @@ end
 def use_react_native_codegen_discovery!(options={})
   return if ENV['DISABLE_CODEGEN'] == '1'
 
+  if $REACT_CODEGEN_DISCOVERY_DONE
+    Pod::UI.puts "[Codegen] Skipping use_react_native_codegen_discovery."
+    return
+  end
+
   Pod::UI.warn '[Codegen] warn: using experimental new codegen integration'
   react_native_path = options[:react_native_path] ||= "../node_modules/react-native"
   app_path = options[:app_path]
   fabric_enabled = options[:fabric_enabled] ||= false
   config_file_dir = options[:config_file_dir] ||= ''
-  if app_path
-    out = Pod::Executable.execute_command(
-      'node',
-      [
-        "#{react_native_path}/scripts/generate-artifacts.js",
-        "-p", "#{app_path}",
-        "-o", Pod::Config.instance.installation_root,
-        "-e", "#{fabric_enabled}",
-        "-c", "#{config_file_dir}",
-      ])
-    Pod::UI.puts out;
-  else
-    Pod::UI.warn '[Codegen] error: no app_path was provided'
+
+  if !app_path
+    Pod::UI.warn '[Codegen] Error: app_path is required for use_react_native_codegen_discovery.'
     Pod::UI.warn '[Codegen] If you are calling use_react_native_codegen_discovery! in your Podfile, please remove the call and pass `app_path` and/or `config_file_dir` to `use_react_native!`.'
     exit 1
   end
+
+  # Generate React-Codegen podspec here to add the script phases.
+  script_phases = get_react_codegen_script_phases(options)
+  react_codegen_spec = get_react_codegen_spec(fabric_enabled: fabric_enabled, script_phases: script_phases)
+  generate_react_codegen_podspec!(react_codegen_spec)
+
+  out = Pod::Executable.execute_command(
+    'node',
+    [
+      "#{react_native_path}/scripts/generate-artifacts.js",
+      "-p", "#{app_path}",
+      "-o", Pod::Config.instance.installation_root,
+      "-e", "#{fabric_enabled}",
+      "-c", "#{config_file_dir}",
+    ])
+  Pod::UI.puts out;
+
+  $REACT_CODEGEN_DISCOVERY_DONE = true
 end
 
 def use_react_native_codegen!(spec, options={})
@@ -453,7 +624,7 @@ def use_react_native_codegen!(spec, options={})
 set -e
 
 pushd "${PODS_ROOT}/../" > /dev/null
-PROJECT_DIR=$(pwd)
+POD_INSTALLATION_ROOT=$(pwd)
 popd >/dev/null
 RN_DIR=$(cd "$\{PODS_TARGET_SRCROOT\}/#{prefix}" && pwd)
 
@@ -462,7 +633,7 @@ GENERATED_SCHEMA_FILE="$GENERATED_SRCS_DIR/schema.json"
 TEMP_OUTPUT_DIR="$GENERATED_SRCS_DIR/out"
 
 LIBRARY_NAME="#{library_name}"
-OUTPUT_DIR="$PROJECT_DIR/#{$CODEGEN_OUTPUT_DIR}"
+OUTPUT_DIR="$POD_INSTALLATION_ROOT/#{$CODEGEN_OUTPUT_DIR}"
 
 CODEGEN_REPO_PATH="$RN_DIR/packages/react-native-codegen"
 CODEGEN_NPM_PATH="$RN_DIR/../react-native-codegen"