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Re:Next.js 12 by acemarke on Wednesday October 27, 2021 @09:53AM (#29013274)
That doesn't seem correct. Next _does_ still use Webpack - it's what does the actual bundling:

> Underlying webpack improvements: We've made numerous improvements to webpack, including optimizing Fast Refresh and making on-demand entries more reliable.

> After making webpack 5 the default in Next.js 11, we've now officially removed webpack 4. We've worked closely with the community to ensure a smooth transition to webpack 5.

SWC is the equivalent of Babel for transpiling JS, not Webpack for bundling.

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