Additional Details
{
mode: 'universal',
target: 'static',
modules: [
'@nuxtjs/svg'
]
}
Run command nuxt dev or nuxt generate
Success
ERROR nuxt-svg: Unexpected '.svg' rule in the webpack configuration

Same issue after updating from 2.14.3 to 2.14.4.
I've seen others mentioning the same problem in the Nuxt discord as well.
See fix here: https://github.com/nuxt-community/svg-module/pull/57
Just update @nuxtjs/svg and all should be well 馃檭
Most helpful comment
See fix here: https://github.com/nuxt-community/svg-module/pull/57
Just update
@nuxtjs/svgand all should be well 馃檭