Use modern way of linking to protobuf, otherwise it fails on abseil.
Old way requires to propagate abseil micro-libraries via INTERFACE dependencies.
--- a/src/runtime_src/core/tools/xbtracer/CMakeLists.txt
+++ b/src/runtime_src/core/tools/xbtracer/CMakeLists.txt
@@ -10,7 +10,7 @@ else (POLICY CMP0144)
   return()
 endif ()
 
-find_package(Protobuf)
+find_package(Protobuf CONFIG)
 if (NOT Protobuf_FOUND)
   message("Protobuf is not found, skipping xbtracer")
   return()
@@ -31,12 +31,10 @@ file(GLOB PROTO_SRC_FILES
   "${CMAKE_CURRENT_SOURCE_DIR}/src/*.proto"
 )
 
-PROTOBUF_GENERATE_CPP(ProtoSources ProtoHeaders ${PROTO_SRC_FILES})
-
-add_custom_target(xbtracer_generated_code DEPENDS ${ProtoSources} ${ProtoHeaders})
-
-add_library(xbtracer_protobuf STATIC ${ProtoSources} ${ProtoHeaders})
-add_dependencies(xbtracer_protobuf xbtracer_generated_code)
+add_library(xbtracer_protobuf STATIC ${PROTO_SRC_FILES})
+protobuf_generate(TARGET xbtracer_protobuf)
+target_link_libraries(xbtracer_protobuf PRIVATE protobuf::libprotobuf)
+target_include_directories(xbtracer_protobuf PUBLIC ${CMAKE_CURRENT_BINARY_DIR}/src)
 if (MSVC)
   target_compile_options(xbtracer_protobuf PRIVATE /wd4244 /wd4267)
 endif(MSVC)
@@ -63,7 +61,7 @@ add_library(xrt_trace SHARED ${XBTRACER_WRAPPER_SRC_FILES} ${ProtoHeaders})
 set_target_properties(xrt_trace PROPERTIES VERSION ${XRT_VERSION_STRING} SOVERSION ${XRT_SOVERSION})
 target_compile_definitions(xrt_trace PRIVATE XRT_ABI_VERSION=${XRT_VERSION_MAJOR})
 
-target_link_libraries(xrt_trace PRIVATE xbtracer_common xbtracer_protobuf ${Protobuf_LIBRARIES} xrt_coreutil)
+target_link_libraries(xrt_trace PRIVATE xbtracer_common xbtracer_protobuf xrt_coreutil)
 add_dependencies(xrt_trace xbtracer_common xbtracer_protobuf xrt_coreutil)
 
 file(GLOB XBTRACER_CAPTURE_SRC_FILES
@@ -78,7 +76,7 @@ file(GLOB XBREPLAY_SRC_FILES
   "${CMAKE_CURRENT_SOURCE_DIR}/src/replay/*.cpp"
 )
 add_executable(xrt-replay ${XBREPLAY_SRC_FILES})
-target_link_libraries(xrt-replay PRIVATE xbtracer_common xbtracer_protobuf ${Protobuf_LIBRARIES} xrt_coreutil)
+target_link_libraries(xrt-replay PRIVATE xbtracer_common xbtracer_protobuf xrt_coreutil)
 if (NOT WIN32)
   target_link_libraries(xrt-replay PRIVATE pthread)
 endif (NOT WIN32)
@@ -94,7 +92,7 @@ if (XRT_XBTRACER_ENABLE_JSON)
   add_executable(xbtracer_dump
     src/misc/xbtracer_dump.cpp
   )
-  target_link_libraries(xbtracer_dump PRIVATE xbtracer_common xbtracer_protobuf ${Protobuf_LIBRARIES})
+  target_link_libraries(xbtracer_dump PRIVATE xbtracer_common xbtracer_protobuf)
   add_dependencies(xbtracer_dump xbtracer_common xbtracer_protobuf xrt_coreutil)
 endif (XRT_XBTRACER_ENABLE_JSON)