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Tech · National

Nvidia cargo worth $11.4 million disappears from truck route

Six pallets of computer hardware vanished between Oakland and Fort Worth, with police still searching for the goods and the culprits.

By Alessia Desai ·

Illustration for: Nvidia cargo worth $11.4 million disappears from truck route
Illustration generated for this article, not a news photograph.

High-value computer hardware is disappearing from trucks across the country, and a recent loss in California illustrates the scale of the problem.

Six pallets of Nvidia equipment left Oakland on August 29 with a destination of Fort Worth, Texas. The total value of the shipment was $11.4 million. A truck displaying the logo of a food transport company picked up the cargo as planned. After that, the vehicle went off the grid. Buyers in Texas noticed the missing delivery in early September. That is when the theft became known.

Police traced the truck's movements and found it made several stops lasting hours after the pickup. The vehicle was last seen in San Bernardino County. Oakland police filed a grand theft report on September 13. As of this week, no arrests have been made and the hardware has not been recovered.

Investigators have not released details on the specific type of Nvidia hardware stolen or the exact method used to take it. They confirmed the investigation is active.

This incident is part of a larger trend of hardware thefts. Reports indicate thieves have stolen more than $100 million in similar shipments since June. Investigators told NBC News that the criminals use sophisticated tactics. These include GPS spoofing and arranging collisions with police escort vehicles. Stolen components are often sold on the gray market or shipped to regions with limited access to US tech hardware.

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