Webpack crashes on Node 17 #11595

Describe the bug

React-Scripts crashes on building an react project.

NOTE: There's an issue on webpack that crashes on NODE 17,
Regard this issue on webpack : Link

Did you try recovering your dependencies?

Tried, and it might not be a problem

Which terms did you search for in User Guide?

Environment

current version of create-react-app: 4.0.3
running from C:\Users\hadmarine\AppData\Local\npm-cache_npx\c67e74de0542c87c\node_modules\create-react-app

System:
OS: Windows 10 10.0.22000
CPU: (16) x64 AMD Ryzen 7 3800X 8-Core Processor
Binaries:
Node: 17.0.1 - C:\Program Files\nodejs\node.EXE
Yarn: 3.1.0 - ~\AppData\Roaming\npm\yarn.CMD
npm: 8.1.0 - C:\Program Files\nodejs\npm.CMD
Browsers:
Chrome: Not Found
Edge: Spartan (44.22000.120.0), Chromium (95.0.1020.30)
Internet Explorer: 11.0.22000.120
npmPackages:
react: ^17.0.2 => 17.0.2
react-dom: ^17.0.2 => 17.0.2
react-scripts: ^4.0.3 => 4.0.3
npmGlobalPackages:
create-react-app: Not Found

Steps to reproduce

(Write your steps here:)

1. Bump up node version to 17.0.1
2. build with react-scripts build

Expected behavior

Build succeed

Actual behavior

Build fails, as described on top

Reproducible demo

(Paste the link to an example project and exact instructions to reproduce the issue.)