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0•11/07/2026, 13:01•1 min read

Nvidia hardware worth $11.4M stolen in Oakland-to-Texas shipment

Nvidia hardware worth $11.4M stolen in Oakland-to-Texas shipment
Executive TL;DR30s read

Police are investigating the theft of an Nvidia hardware shipment valued at $11.4 million while it was being transported from Oakland to Texas.

The shipment was being moved from Oakland to Texas in a truck bearing the logo of a food logistics company, suggesting that the thieves were well informed and that the operation was carefully planned in advance.

The theft took place in late August. Police have been investigating the incident since September 13, but no arrests have been reported so far.

Why it matters

Analysis

The incident highlights physical supply-chain risks for high-value computing hardware, including equipment used in AI infrastructure.

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