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Try cancelling the live server with CTRL + C and then start it again
if it doesn't work then you can do one of this
uninstall parcel, npm uninstall parcel
then install it again, npm install parcel-bundler --save-dev
one of those will work if not then do this
npm cache clean --force
npm install -g npm@latest --force
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npm cache clean --force
npm install -g npm@latest --force
Try to install your component once again.