Nvidia cargo vanishes from Texas route

Six pallets of Nvidia computer hardware worth $11.4 million disappeared from a transport route between Oakland and Fort Worth.

The shipment left the Oakland area on Aug. 29, 2026, bound for Fort Worth, Texas. A truck identified as a food transport company picked up the cargo as scheduled. Investigators later lost track of the vehicle in San Bernardino County. Oakland police reported the grand theft on Sept. 13, 2026.

This incident follows a pattern of crimes targeting technology shipments in the Bay Area. In 2025, police in Fremont and Union City investigated burglaries involving Nvidia cargo valued at more than $7.5 million. In September 2026, suspects attempted to steal trucks they believed carried Nvidia technology. The trucks actually contained 40,000 pounds of sand.

Olaf Groth, a professor at UC Berkeley's Haas School of Business, explained the financial incentive behind these thefts. He stated that Nvidia chips command about double the price outside the United States. If a chip costs about $550,000 domestically, it can sell for about $1 million or more abroad. Groth noted that the increasing scale and complexity of these heists point toward professionalized criminal teams.

Groth described the hardware as a national security asset because of its value and potential destination. He said authorities do not know where stolen chips end up. They could go to China or other areas of conflict. He added that security around these shipments needs to get tighter.

Oakland police are currently investigating the $11.4 million theft. No arrests have been announced. The investigation remains ongoing.

The stolen hardware included advanced computing components. Experts note that high-value technology shipments face growing security risks when they move through major logistics hubs.