diff --git a/packages/next-swc/crates/core/tests/fixture/next-dynamic/issue-48098/output-dev.js b/packages/next-swc/crates/core/tests/fixture/next-dynamic/issue-48098/output-dev.js
new file mode 100644
index 0000000000000..80026d8666766
--- /dev/null
+++ b/packages/next-swc/crates/core/tests/fixture/next-dynamic/issue-48098/output-dev.js
@@ -0,0 +1,9 @@
+import dynamic from 'next/dynamic';
+export const NextDynamicNoSSRServerComponent = dynamic(()=>import('../text-dynamic-no-ssr-server'), {
+    loadableGenerated: {
+        modules: [
+            "some-file.js -> " + "../text-dynamic-no-ssr-server"
+        ]
+    },
+    ssr: false
+});
diff --git a/packages/next-swc/crates/core/tests/fixture/next-dynamic/issue-48098/output-prod.js b/packages/next-swc/crates/core/tests/fixture/next-dynamic/issue-48098/output-prod.js
new file mode 100644
index 0000000000000..f8c4bc1b8a60c
--- /dev/null
+++ b/packages/next-swc/crates/core/tests/fixture/next-dynamic/issue-48098/output-prod.js
@@ -0,0 +1,9 @@
+import dynamic from 'next/dynamic';
+export const NextDynamicNoSSRServerComponent = dynamic(()=>import('../text-dynamic-no-ssr-server'), {
+    loadableGenerated: {
+        webpack: ()=>[
+                require.resolveWeak("../text-dynamic-no-ssr-server")
+            ]
+    },
+    ssr: false
+});
diff --git a/packages/next-swc/crates/core/tests/fixture/next-dynamic/issue-48098/output-server.js b/packages/next-swc/crates/core/tests/fixture/next-dynamic/issue-48098/output-server.js
new file mode 100644
index 0000000000000..2954baa41658f
--- /dev/null
+++ b/packages/next-swc/crates/core/tests/fixture/next-dynamic/issue-48098/output-server.js
@@ -0,0 +1,9 @@
+import dynamic from 'next/dynamic';
+export const NextDynamicNoSSRServerComponent = dynamic(null, {
+    loadableGenerated: {
+        modules: [
+            "some-file.js -> " + "../text-dynamic-no-ssr-server"
+        ]
+    },
+    ssr: false
+});