A microcode update system includes at least one memory device having a code region and a data region, and a microcode update engine that receives a microcode update, and writes the microcode update to the data region of the at least one memory device. Subsequent to writing the microcode update to the data region of the at least one memory device, the microcode update engine utilizes initialization code in the code region of the at least one memory device to perform initialization operations. During a microcode update portion of the initialization operations, the microcode update engine identifies the microcode update in the data region of the at least one memory device, and performs microcode update operations using the microcode update in the data region of the at least one memory device.