Six pallets of Nvidia equipment valued at $11.4 million disappeared while being transported from Oakland to Fort Worth, Texas. A truck displaying a food-transport company’s logo picked up the shipment on August 29, but buyers noticed in early September that it had not arrived. Investigators traced the truck to several stops lasting hours before losing track of it in San Bernardino County. Oakland police filed a grand-theft report on September 13; more than two months later, the cargo had not been recovered and no arrests had been announced. Authorities have not disclosed what equipment was taken or how the theft was carried out.
The disappearance is part of a broader surge in high-value technology cargo thefts, with more than $100 million in similar shipments reportedly stolen since June. Investigators describe increasingly organized crews using tactics such as GPS spoofing and staged collisions, while stolen components can be resold through gray markets or shipped abroad. Nvidia hardware has been targeted before: police investigated more than $7.5 million in thefts near Fremont and Union City in 2025. The potential profits help explain the risk: a chip costing about $550,000 in the United States may sell for $1 million or more overseas, encouraging larger and more sophisticated heists. A separate attempted theft went nowhere when thieves stole two Nvidia- and PlusAI-branded trailers, only to find they contained sand for freight-load simulations.
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