It is ridiculous. It's pretty much newspeak. Like calling installing applications "sideloading" when you're not using some megacorp's walled garden. Also, I'd say "HTML" not "HTTP". What's HTTP(/3) these days is not what HTTP(1.1) was in the past.
Depends on what exactly it is. If you for example take a react app that was doing rendering on user side and change it so that it is "pre-rendered" on the server it makes sense to call it server side rendering..