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The 5th circuit decided this case recently.
In essence they decided that bump stocks are not machine guns and the ATF erred in calling them machine guns, especially after saying they were not for over a decade in written opinions. The recent decision was en banc.
Garland has a submitted a rather lengthy (161 pages) writ to SCOTUS requesting the court to have a look, and Cargill has respond with a Brief of support. Since you have the USAG requesting SCOTUS to accept the case and the defendant also supporting the request the chances on this one go up a little. This appears to be more a Chevron type case which could end up being held until the Loper Bright Enterprises case is heard since it was already granted. SCOTUS could deny the request which would leave this ruling only in force in the 5th circuit but would be citable precedent in other circuits.
Another interesting case.
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the dude