$11.4 million in NVIDIA hardware vanishes during shipment from California to Texas
Oakland police confirmed a grand theft investigation involving a shipment reportedly worth $11.4 million. The carrier's identity and circumstances surrounding the disappearance remain unclear.
Six pallets of NVIDIA computer hardware worth a reported $11.4 million disappeared during a shipment from California to Texas. A truck collected the merchandise in Oakland on Aug. 29 for delivery to Fort Worth. Investigators reportedly tracked the vehicle through several extended stops before losing its trail in Southern California. The Oakland Police Department confirmed an ongoing grand theft investigation following a complaint filed Sept. 13, 2026. The disappearance comes amid reports of nearly $111 million in stolen data center freight involving other high-value technology shipments.
According to The Mercury News, the vehicle displayed a food transportation company’s logo during the scheduled pickup. The driver subsequently traveled south, making several stops lasting multiple hours. Investigators eventually lost track of the truck in San Bernardino County. A separate $12 million cargo theft investigation involved suspects who allegedly exploited established trucking identities to obtain freight. Authorities have not linked the two investigations.
“The Oakland Police Department (OPD) is investigating a grand theft that occurred in East Oakland. The victim reported the crime to OPD on September 13, 2026. The investigation is ongoing, and anyone with information is asked to contact the OPD General Crimes Unit at (510) 238-3728.”
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