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Oakland police probe reported $11.4M Nvidia hardware shipment theft
FreightWaves reported Oakland police are investigating a grand theft complaint after six pallets of Nvidia hardware, valued in reporting at $11.4 million, vanished on a California-to-Texas run.
- FreightWaves is now reporting this
- New headline Was: “$11.4M in Nvidia hardware vanishes during shipment from CA to TX”
- Our desk filed its story
- freightwaves.com is now reporting this
Oakland police are investigating a grand theft complaint after six pallets of Nvidia computer hardware, valued in trade reporting at $11.4 million, disappeared from a shipment booked from California to Texas, FreightWaves reported1.
A truck collected the load in Oakland on Aug. 29 for delivery to Fort Worth, according to the outlet1. Investigators later lost the vehicle's trail in Southern California, it said1.
The Oakland Police Department told FreightWaves it is investigating a grand theft in East Oakland after a victim reported the crime on Sept. 13, 20261. The department said the investigation is ongoing and asked anyone with information to contact its General Crimes Unit1.
FreightWaves, citing The Mercury News, said the pickup vehicle displayed a food transportation company's logo and that the driver headed south with several stops lasting multiple hours before the truck was last tracked in San Bernardino County1.
Police have not confirmed the $11.4 million figure or identified the specific merchandise, FreightWaves reported1. Authorities also have not named the cargo's owner, shipper, motor carrier or driver, and they have not announced arrests or a recovery, the outlet said1.
The Sept. 13 complaint date does not establish when any theft occurred, FreightWaves noted1. Investigators have not publicly explained the extended stops or said whether someone impersonated a transportation provider1.
FreightWaves said it contacted Nvidia for comment and followed up, and that the company had not responded1.
The outlet placed the case amid other high-value technology cargo thefts, including its own reporting on data-center freight losses, a separate $12 million cargo-theft case involving alleged hijacked carrier identities, and 2025 burglaries of Nvidia products in Fremont and Union City1. Authorities have not linked those matters to the Oakland investigation, it said1.