The CEOs of the world’s biggest chip companies are descending on Taiwan next week

Nvidia will kick things off with its own GTC Taipei beginning June 1 with a keynote from CEO Jensen Huang.

The executive has been in Taiwan for the past several days, meeting with corporate partners and hosting an event for Nvidia’s future headquarters in the country called Nvidia Constellation, which will be home to some 4,000 workers.

In a statement, Huang noted that the company has dramatically increased spending in the island nation, saying Nvidia will spend upwards of $150 billion a year in Taiwan, up from $10 billion to $15 billion just four years ago, Reuters reported.

Huang is expected to tout Nvidia’s continued strength thanks to the global AI build-out, while highlighting its next-generation Vera Rubin AI platform.