Data center heists are getting bolder, and the latest one hit Nvidia for $11.4 million
Oakland police are investigating the theft of six pallets of Nvidia hardware valued at $11.4 million that disappeared while in transit to Texas over the summer. The shipment vanished between Oakland and its Texas destination, and no arrests have been made two months after the incident. Authorities have confirmed a grand theft investigation but have not disclosed the carrier's identity or the specific circumstances of the disappearance. Multiple outlets report the same valuation and pallet count, citing law enforcement confirmation.
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- ✓ Six pallets of Nvidia hardware worth $11.4 million were stolen during transit from Oakland to Texas.
- ✓ Oakland police confirmed a grand theft investigation into the missing shipment.
- ✓ No arrests have been made two months after the theft occurred over the summer.
What changed
Oakland police confirmed an active grand theft investigation into the $11.4 million Nvidia shipment that vanished months ago, with zero arrests to date.
Live updates
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Nvidia $11.4M cargo theft investigated; six pallets vanished en route to Texas
Oakland police are investigating the theft of six pallets of Nvidia hardware valued at $11.4 million that disappeared while in transit to Texas over the summer. The shipment vanished between Oakland and its Texas destination, and no arrests have been made two months after the incident. Authorities have confirmed a grand theft investigation but have not disclosed the carrier's identity or the specific circumstances of the disappearance. Multiple outlets report the same valuation and pallet count, citing law enforcement confirmation.
Why it matters
The heist underscores a rising trend of targeted cargo thefts aimed at high-value AI and data-center hardware, which has become as attractive to organized crime as copper once was. Nvidia's GPUs now command extraordinary street value, making shipments lucrative targets for sophisticated theft rings. The case also highlights security gaps in the logistics chain for critical AI infrastructure components.
What is confirmed
- Six pallets of Nvidia hardware worth $11.4 million were stolen during transit from Oakland to Texas.
- Oakland police confirmed a grand theft investigation into the missing shipment.
- No arrests have been made two months after the theft occurred over the summer.
Still unconfirmed
- The theft was a sophisticated operation by organized cargo rings targeting AI chips specifically.
What to watch next
- Arrests or suspect identification by Oakland police
- Recovery of any stolen Nvidia hardware
- Disclosure of the carrier and logistics details
confidence 88%Sources used for this update (15)
- www.nbcnews.com — Tracking the 2026 early vote
- KRON4 — Millions of dollars worth of Nvidia chips reportedly stolen in Oakland
- The Mercury News — Police investigating $11.4 million Nvidia cargo theft from Oakland
- Patch — Thieves Steal $11.4M Nvidia Cargo In Oakland: Report
- Ars Technica — Nvidia hardware worth $11.4M vanished between Oakland and Texas
- TechPowerUp — Six Pallets of NVIDIA Hardware Worth $11.4 Million Stolen on the Way to Texas
- KTVU — $11.4M Oakland-based Nvidia shipment stolen en route to Texas
- ABC News - Breaking News, Latest News and Videos — $11.4M shipment of Nvidia cargo stolen in California heist
- TechSpot — Data center heists are getting bolder, and the latest one hit Nvidia for $11.4 million
- www.latimes.com — $11.4 million in Nvidia cargo reportedly stolen in Oakland ...
- arstechnica.com — Nvidia hardware worth $11.4M vanished between Oakland and Texas
- ground.news — $11.4M Shipment of Nvidia Cargo Stolen in California Heist
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