Nvidia shipment worth millions disappears on route from Oakland to Texas
Nvidia CEO Jensen Huang delivers a keynote during the Nvidia GPU Technology Conference (GTC) in San Jose in March 2025. Oakland police are investigating the disappearance of six pallets of Nvidia hardware valued at $11.4 million after a shipment from Oakland bound for Fort Worth vanished while traveling through Southern California.
TL;DR
- An $11.4 million shipment of Nvidia hardware was stolen after leaving Oakland, California.
- The shipment was bound for Fort Worth, Texas, and disappeared in San Bernardino County.
- Oakland police were notified about the theft on September 13th.
- The FBI has warned about sophisticated cargo-theft schemes targeting high-value shipments.
- Nvidia hardware is a prime target due to its value and demand for AI systems.
- This incident follows other high-value cargo heists in the Bay Area, including a previous Nvidia theft worth over $7.5 million.