Taiwan’s TAIEX rose 820 points, or 1.8%, to 46,949, extending its winning streak to five sessions and reaching its highest level since July 1. Electronic technology gained 2.0%, while technology services jumped 6.4%. TSMC, the world’s largest contract chipmaker and representing more than 40% of the market’s total value, advanced 0.8%. MediaTek surged 9.9% after Nvidia subscribed to $3.5 billion of its exchangeable bonds as part of MediaTek’s record $3.9 billion overseas convertible bond offering. Delta Electronics and Hon Hai Precision Industry rose 0.8% and 1.6%, respectively, while ASE Technology Holding soared 4.5%. A private survey showing solid growth in Taiwan’s factory activity in August also supported sentiment. Gains were capped by a decline on Wall Street overnight, as higher oil prices revived inflation concerns and strengthened expectations of a Federal Reserve rate hike.