Micron Technology’s stronger-than-expected earnings, optimistic guidance and rising demand for artificial-intelligence memory chips boosted Japanese and other Asian technology shares, even as a global government-bond selloff pressured equities. The Nikkei 225 surged 2,203 points on October 1, while the broader Nikkei gained more than 3%, South Korea’s KOSPI rose 1.7% and Taiwan’s benchmark added 0.8%. Micron said financial commitments under long-term supply agreements had increased to $32 billion from $22 billion in June and forecast quarterly revenue above market expectations. Bond yields nevertheless rose sharply, with UK 30-year gilt yields reaching 6% and the U.S. 10-year Treasury yield reaching about 5.306%-5.32%, while higher energy prices, fiscal concerns and expectations for interest rates to remain higher for longer weighed on Europe and some U.S. markets. European stocks opened the fourth quarter sharply lower on Thursday, with the STOXX 50 and STOXX 600 each falling more than 1% to about three-and-a-half-month lows as banks dropped more than 3.5%. Technology stocks were among the few gainers after Micron’s upbeat outlook. Softer-than-expected U.S. inflation reduced the market-implied probability of a Federal Reserve rate increase later in the month to 38% from 50%, but did not remove concerns about elevated long-term borrowing costs.