diff --git a/src/core/shape_inference/include/squeeze_shape_inference.hpp b/src/core/shape_inference/include/squeeze_shape_inference.hpp
index b240630f81d..8e7f140d017 100644
--- a/src/core/shape_inference/include/squeeze_shape_inference.hpp
+++ b/src/core/shape_inference/include/squeeze_shape_inference.hpp
@@ -30,6 +30,7 @@ void shape_infer(const Squeeze* op,
 
     NODE_VALIDATION_CHECK(op, output_shapes.size() == 1);
     const auto number_of_inputs = input_shapes.size();
+    OPENVINO_ASSERT(!input_shapes.empty());
 
     const auto& arg_shape = input_shapes[0];
     auto& output_shape = output_shapes[0];
diff --git a/src/core/src/type/float16.cpp b/src/core/src/type/float16.cpp
index 59a69d6a847..5f2b1e48cd1 100644
--- a/src/core/src/type/float16.cpp
+++ b/src/core/src/type/float16.cpp
@@ -97,8 +97,12 @@ float16::float16(float value) {
     // Restore the hidden 1
     frac = 0x04000000 | ((iv & fmask_32) << 3);
     // Will any bits be shifted off?
-    uint32_t sticky = (frac & ((1 << (1 - biased_exp_16)) - 1)) ? 1 : 0;
-    frac >>= 1 + (-biased_exp_16);
+    int32_t shift = biased_exp_16 < -30 ? 0 : (1 << (1 - biased_exp_16));
+    uint32_t sticky = (frac & (shift - 1)) ? 1 : 0;
+    if (1 + (-biased_exp_16) > 31)
+        frac = 0;
+    else
+        frac >>= 1 + (-biased_exp_16);
     frac |= sticky;
     if (((frac & rhalf_16) == rodd_16) || ((frac & rnorm_16) != 0)) {
         frac += reven_16;