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Nvidia hardware worth $11.4M vanished between Oakland and Texas
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- DeepHorus
Nvidia hardware valued at $11.4 million vanished during a truck shipment from Oakland, California, to Fort Worth, Texas, this summer, and authorities have announced no arrests or recovery more than two months later. Six pallets of unidentified Nvidia equipment left Oakland on August 29. The cargo never reached its buyers, and Oakland police confirmed a grand theft report was filed on September 13.
The shipment was reportedly picked up as scheduled by a truck bearing the logo of a food transportation company. The theft was not noticed until early September, when buyers realized the hardware had not arrived. Police tracing the route found the truck made several multi-hour stops before it was lost in San Bernardino County, California.
The case is part of a broader wave of bold hardware heists. Investigators cited by NBC News say thieves have stolen more than $100 million in similar shipments since June. They have used sophisticated techniques including GPS location spoofing and arranging collisions with police escort vehicles.
Oakland police said the investigation remains ongoing. Authorities have not disclosed what specific Nvidia hardware was stolen or how the theft was carried out. The lack of arrests or recovered cargo has heightened concerns about cargo security.
Stolen components can be stripped down and sold through gray-market transactions. They may also be shipped overseas, where access to US tech hardware can be restricted. The $11.4 million valuation reflects the high value of such cargo.
The disappearance underscores vulnerabilities in high-value technology logistics. A truck displaying a food transportation company's logo reportedly collected the load as scheduled. The case remains under investigation, with no explanation of how the truck evaded tracking.
The investigation continues with no suspects identified. Oakland police have not announced recovery of the six pallets. The case remains a reminder of technology supply-chain risks.
