diff --git a/package.json b/package.json
index 42ab470b3d61dd9..e675dcd7ac017dd 100644
--- a/package.json
+++ b/package.json
@@ -167,7 +167,7 @@
     "tree-kill": "1.2.2",
     "tsec": "0.2.1",
     "turbo": "1.0.28",
-    "typescript": "4.5.5",
+    "typescript": "4.6.3",
     "wait-port": "0.2.2",
     "web-streams-polyfill": "2.1.1",
     "webpack": "link:./node_modules/webpack5",
diff --git a/packages/next/lib/typescript/writeConfigurationDefaults.ts b/packages/next/lib/typescript/writeConfigurationDefaults.ts
index bc67874936d71d5..c534f63154ebb49 100644
--- a/packages/next/lib/typescript/writeConfigurationDefaults.ts
+++ b/packages/next/lib/typescript/writeConfigurationDefaults.ts
@@ -54,6 +54,12 @@ function getDesiredCompilerOptions(
     },
     moduleResolution: {
       parsedValue: ts.ModuleResolutionKind.NodeJs,
+      // All of these values work:
+      parsedValues: [
+        ts.ModuleResolutionKind.NodeJs,
+        ts.ModuleResolutionKind.Node12,
+        ts.ModuleResolutionKind.NodeNext,
+      ],
       value: 'node',
       reason: 'to match webpack resolution',
     },
diff --git a/packages/next/server/web/utils.ts b/packages/next/server/web/utils.ts
index 864721bb3ab40c1..6f1b1240e9dbd2a 100644
--- a/packages/next/server/web/utils.ts
+++ b/packages/next/server/web/utils.ts
@@ -131,7 +131,6 @@ export function validateURL(url: string | URL): string {
   } catch (error: any) {
     throw new Error(
       `URLs is malformed. Please use only absolute URLs - https://nextjs.org/docs/messages/middleware-relative-urls`,
-      // @ts-expect-error This will work for people who enable the error causes polyfill
       { cause: error }
     )
   }
diff --git a/packages/next/taskfile.js b/packages/next/taskfile.js
index 64406648313ce35..42f2d459ffed8bf 100644
--- a/packages/next/taskfile.js
+++ b/packages/next/taskfile.js
@@ -192,11 +192,17 @@ export async function ncc_next__react_dev_overlay(task, opts) {
   )
   const content = fs.readFileSync(clientFile, 'utf8')
   // remove AMD define branch as this forces the module to not
-  // be treated as commonjs in serverless mode
+  // be treated as commonjs in serverless/client mode
   fs.writeFileSync(
     clientFile,
     content.replace(
-      'if(typeof define=="function"&&typeof define.amd=="object"&&define.amd){r.platform=v;define((function(){return v}))}else ',
+      new RegExp(
+        'if(typeof define=="function"&&typeof define.amd=="object"&&define.amd){r.platform=b;define((function(){return b}))}else '.replace(
+          /[|\\{}()[\]^$+*?.-]/g,
+          '\\$&'
+        ),
+        'g'
+      ),
       ''
     )
   )
diff --git a/test/integration/tsconfig-verifier/test/index.test.js b/test/integration/tsconfig-verifier/test/index.test.js
index 799ca2403d2942e..9b994e7a5199fd1 100644
--- a/test/integration/tsconfig-verifier/test/index.test.js
+++ b/test/integration/tsconfig-verifier/test/index.test.js
@@ -264,6 +264,52 @@ describe('tsconfig.json verifier', () => {
     `)
   })
 
+  it('allows you to set node12 moduleResolution mode', async () => {
+    expect(await exists(tsConfig)).toBe(false)
+
+    await writeFile(
+      tsConfig,
+      `{ "compilerOptions": { "esModuleInterop": false, "moduleResolution": "node12" } }`
+    )
+    await new Promise((resolve) => setTimeout(resolve, 500))
+    const { code } = await nextBuild(appDir)
+    expect(code).toBe(0)
+
+    expect(await readFile(tsConfig, 'utf8')).toMatchInlineSnapshot(`
+      "{
+        \\"compilerOptions\\": {
+          \\"esModuleInterop\\": true,
+          \\"moduleResolution\\": \\"node12\\",
+          \\"target\\": \\"es5\\",
+          \\"lib\\": [
+            \\"dom\\",
+            \\"dom.iterable\\",
+            \\"esnext\\"
+          ],
+          \\"allowJs\\": true,
+          \\"skipLibCheck\\": true,
+          \\"strict\\": false,
+          \\"forceConsistentCasingInFileNames\\": true,
+          \\"noEmit\\": true,
+          \\"incremental\\": true,
+          \\"module\\": \\"esnext\\",
+          \\"resolveJsonModule\\": true,
+          \\"isolatedModules\\": true,
+          \\"jsx\\": \\"preserve\\"
+        },
+        \\"include\\": [
+          \\"next-env.d.ts\\",
+          \\"**/*.ts\\",
+          \\"**/*.tsx\\"
+        ],
+        \\"exclude\\": [
+          \\"node_modules\\"
+        ]
+      }
+      "
+    `)
+  })
+
   it('allows you to extend another configuration file', async () => {
     expect(await exists(tsConfig)).toBe(false)
     expect(await exists(tsConfigBase)).toBe(false)
diff --git a/yarn.lock b/yarn.lock
index f39f13de5b430fb..d71d22a4ba6ac67 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -20667,10 +20667,10 @@ typedarray@^0.0.6:
   version "0.0.6"
   resolved "https://registry.yarnpkg.com/typedarray/-/typedarray-0.0.6.tgz#867ac74e3864187b1d3d47d996a78ec5c8830777"
 
-typescript@4.5.5:
-  version "4.5.5"
-  resolved "https://registry.yarnpkg.com/typescript/-/typescript-4.5.5.tgz#d8c953832d28924a9e3d37c73d729c846c5896f3"
-  integrity sha512-TCTIul70LyWe6IJWT8QSYeA54WQe8EjQFU4wY52Fasj5UKx88LNYKCgBEHcOMOrFF1rKGbD8v/xcNWVUq9SymA==
+typescript@4.6.3:
+  version "4.6.3"
+  resolved "https://registry.yarnpkg.com/typescript/-/typescript-4.6.3.tgz#eefeafa6afdd31d725584c67a0eaba80f6fc6c6c"
+  integrity sha512-yNIatDa5iaofVozS/uQJEl3JRWLKKGJKh6Yaiv0GLGSuhpFJe7P3SbHZ8/yjAHRQwKRoA6YZqlfjXWmVzoVSMw==
 
 typescript@^4.1.3:
   version "4.1.3"