Taiwan’s TAIEX rose 683 points, or 1.5%, to 46,812, extending its advance to a fifth straight session and reaching its highest level since July 1. Electronic technology gained 1.4% and technology services surged 4.1%, with MediaTek jumping 9.9% after Nvidia subscribed to $3.5 billion of its exchangeable bonds (debt convertible into another security) as part of MediaTek’s record $3.9 billion overseas convertible bond offering. TSMC, the world’s largest contract chipmaker and representing more than 40% of the market’s total value, rose 0.6%. Delta Electronics, Hon Hai Precision Industry and ASE Technology Holding also advanced 0.8%, 1.6% and 3.9%, respectively. A private survey showing solid factory activity growth in August supported sentiment, although a weaker overnight Wall Street session limited the gain as higher oil prices intensified concerns about inflation pressure.