Shouldn't your snippet be using lzcnt? I can't see how this would result in the desired lookup.
for Zen5 rustc creates the following:
utf8_sequence_length_lookup:
shl edi, 24
mov ecx, 274945
not edi
lzcnt eax, edi
shl al, 2
shrx rax, rcx, rax
and al, 7
ret
https://rust.godbolt.org/z/hz1eKjnaG