diff --git a/packages/next/taskfile-swc.js b/packages/next/taskfile-swc.js
index 52e2ce34ccaa7..94a6bc5652217 100644
--- a/packages/next/taskfile-swc.js
+++ b/packages/next/taskfile-swc.js
@@ -25,6 +25,7 @@ module.exports = function (task) {
 
       const isClient = serverOrClient === 'client'
 
+      /** @type {import('@swc/core').Options} */
       const swcClientOptions = {
         module: {
           type: 'commonjs',
@@ -32,7 +33,7 @@ module.exports = function (task) {
         },
         jsc: {
           loose: true,
-
+          externalHelpers: true,
           target: 'es2016',
           parser: {
             syntax: 'typescript',
@@ -55,6 +56,7 @@ module.exports = function (task) {
         },
       }
 
+      /** @type {import('@swc/core').Options} */
       const swcServerOptions = {
         module: {
           type: 'commonjs',
@@ -67,7 +69,9 @@ module.exports = function (task) {
         },
         jsc: {
           loose: true,
-
+          // Do not enable externalHelpers for server-side code
+          // "_is_native_function.mjs" helper is not compatible with edge runtime
+          externalHelpers: false,
           parser: {
             syntax: 'typescript',
             dynamicImport: true,
diff --git a/packages/next/taskfile.js b/packages/next/taskfile.js
index b90e92f8b8ec6..f19b4651ea341 100644
--- a/packages/next/taskfile.js
+++ b/packages/next/taskfile.js
@@ -1956,7 +1956,7 @@ export async function shared(task, opts) {
     .source(
       opts.src || 'shared/**/!(amp|config|constants|dynamic|head).+(js|ts|tsx)'
     )
-    .swc('server', { dev: opts.dev })
+    .swc('client', { dev: opts.dev })
     .target('dist/shared')
   notify('Compiled shared files')
 }
@@ -1966,7 +1966,7 @@ export async function shared_re_exported(task, opts) {
     .source(
       opts.src || 'shared/**/{amp,config,constants,dynamic,head}.+(js|ts|tsx)'
     )
-    .swc('server', { dev: opts.dev, interopClientDefaultExport: true })
+    .swc('client', { dev: opts.dev, interopClientDefaultExport: true })
     .target('dist/shared')
   notify('Compiled shared re-exported files')
 }