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● LIVE Updated 1h ago · 14 sources tracked

Six Pallets of NVIDIA Hardware Worth $11.4 Million Stolen on the Way to Texas

Police in Oakland, California are investigating the theft of six pallets of Nvidia hardware valued at $11.4 million that disappeared while in transit to Fort Worth, Texas. A truck displaying a food transportation company's logo collected the cargo in Oakland on August 29 as scheduled but never arrived at its destination. Authorities describe the incident as a sophisticated cargo heist. No arrests have been made two months after the shipment vanished.

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  • ✓ Six pallets of Nvidia hardware worth $11.4 million were stolen while in transit from Oakland, California to Fort Worth, Texas.
  • ✓ The cargo was picked up on August 29 by a truck displaying a food transportation company's logo.
  • ✓ Oakland police are investigating the theft as a sophisticated cargo heist.
  • ✓ No arrests have been made two months after the shipment vanished.
🛡️ Source Corroboration: 14 independent reporting domains (90% confidence) ⏱ Read time: ~2 min

What changed

Multiple outlets confirmed the shipment consisted of six pallets bound for Fort Worth, Texas, picked up by a truck posing as a food transport company on August 29, with no arrests after two months.

Live updates

  1. Six Pallets of Nvidia Hardware Worth $11.4M Stolen En Route to Texas

    Police in Oakland, California are investigating the theft of six pallets of Nvidia hardware valued at $11.4 million that disappeared while in transit to Fort Worth, Texas. A truck displaying a food transportation company's logo collected the cargo in Oakland on August 29 as scheduled but never arrived at its destination. Authorities describe the incident as a sophisticated cargo heist. No arrests have been made two months after the shipment vanished.

    Why it matters

    The theft highlights escalating risks in high-value semiconductor supply chains as demand for advanced AI chips surges globally. Experts warn stolen GPUs can command significantly higher prices on international black markets. The two-month gap with no arrests suggests a well-planned operation that evaded standard tracking and recovery efforts.

    What is confirmed

    • Six pallets of Nvidia hardware worth $11.4 million were stolen while in transit from Oakland, California to Fort Worth, Texas.
    • The cargo was picked up on August 29 by a truck displaying a food transportation company's logo.
    • Oakland police are investigating the theft as a sophisticated cargo heist.
    • No arrests have been made two months after the shipment vanished.

    Still unconfirmed

    • The stolen GPUs could end up in black-market channels abroad at significantly higher prices.

    What to watch next

    • Arrests or recovery of the stolen hardware
    • Identification of the food transport company whose logo was used
    • Evidence linking the theft to organized crime or international smuggling networks
    Sources used for this update (13)
    1. ABC7 Bay Area — $11.4 million shipment of Nvidia cargo stolen from Oakland, Calif.
    2. KRON4 — Millions of dollars worth of Nvidia chips reportedly stolen in Oakland
    3. The Mercury News — Police investigating $11.4 million Nvidia cargo theft from Oakland
    4. abcnews.com — $11.4M shipment of Nvidia cargo stolen in California heist
    5. Ars Technica — Nvidia hardware worth $11.4M vanished between Oakland and Texas
    6. TechPowerUp — Six Pallets of NVIDIA Hardware Worth $11.4 Million Stolen on the Way to Texas
    7. KTVU — $11.4M Oakland-based Nvidia shipment stolen en route to Texas
    8. Tom's Hardware — Six pallets of Nvidia GPUs worth $11.4 million stolen in California cargo heist — authorities investigate after truck posing as a food transport company disappears
    9. ABC News - Breaking News, Latest News and Videos — $11.4M shipment of Nvidia cargo stolen in California heist
    10. www.techpowerup.com — Six Pallets of NVIDIA Hardware Worth $11.4 Million Stolen on ...
    11. www.tomshardware.com — Six pallets of Nvidia GPUs worth $11.4 million stolen in ...
    12. arstechnica.com — Nvidia hardware worth $11.4M vanished between Oakland and Texas
    confidence 90%
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