The Carabao Cup semi-final will be a two-legged affair this season.
The draw was conducted on Wednesday night, following the completion of the quarter-final matches.
Arsenal will play Liverpool, while Chelsea will face Tottenham Hotspur.
The two-legged semi-finals will be played on the week commencing January 3.
The return fixtures take place a week later on the week commencing January 10.
The 2020/2021 semi-finals were played over one leg to help with fixture congestion.
Tottenham beat Brentford, while Manchester City saw off Manchester United.
City eventually pipped Spurs 1-0 in the final.