Nvidia hardware worth $11.4M vanished between Oakland and Texas

Key Points:

• A shipment of Nvidia hardware worth $11.4 million disappeared during transport from Oakland to Texas in late August, with no arrests or recovery reported as of two months later.
• The stolen cargo, consisting of six pallets, vanished after being picked up by a truck with a food transportation company’s logo, and the theft was only discovered when the buyers did not receive the shipment.
• Police investigations revealed the truck made several long stops before going missing in San Bernardino County, California, but details on the exact hardware stolen or how the theft occurred remain undisclosed.
• This incident is part of a broader trend of sophisticated hardware thefts targeting high-value tech shipments, with criminals using advanced tactics like GPS spoofing and staged collisions to steal components for resale in gray markets or overseas.
• Previous Nvidia hardware thefts have involved organized groups traveling between Southern California and the Bay Area, motivated by high resale values abroad, while some attempted heists have failed, such as a recent case where stolen trailers contained only sand.