The draw was made for the EA Sports Semi-Finals with holders St Patrick's Athletic pitted against Shamrock Rovers in a Dublin derby.
The other semi-final will see record winners Derry City take on SSE Airtricity League First Division leaders Limerick with the games scheduled take place on Monday, August 1.
The draw was made at FAI HQ, but kick-off times are yet to be confirmed for what promises to be an action-packed day of Cup football.
After getting through tricky quarter-final ties the final four teams will now have their sights set on reaching the EA Sports Cup final on Saturday, September 17.
EA Sports Cup Semi-Finals
Derry City v Limerick
Shamrock Rovers v St Patrick's Athletic
*Ties to be played on Monday, August 1