Micron Technology’s financial obligations under long-term supply deals rose to $32 billion from $22 billion in June, offering another indication that demand for memory chips used in artificial-intelligence infrastructure remains strong. Reuters reported the increase, which helped support technology shares despite pressure from rising global bond rates. Japan’s Nikkei, which is heavily exposed to technology stocks, gained more than 3%, while South Korea’s KOSPI rose 1.7%. Micron is a significant memory supplier to Nvidia, making its commitments an important indicator of demand across the broader AI infrastructure buildout. Saxo Bank strategist Charu Chanana said the figures strongly validate AI and memory demand, while warning that investors may increasingly question whether the shortage is nearing its peak. The key issue is how long supply constraints will last as manufacturers move to add capacity.