Nvidia Cargo Valued at $11.4 Million Stolen in Oakland Heist, Raising National Security Concerns
Authorities are investigating a sophisticated cargo heist in Oakland, California, where over $11 million worth of Nvidia computer hardware was stolen. The theft, which occurred after the cargo departed Oakland en route to Texas, involved six pallets of Nvidia hardware. The shipment was picked up on August 29 by a truck identified as a food transport company, but investigators subsequently lost track of the vehicle in San Bernardino County. The Oakland Police Department confirmed they are investigating a grand theft reported on September 13, 2026. This incident is part of a trend, as similar thefts targeting high-value technology shipments, including over $7.5 million in Nvidia cargo, were investigated in Fremont and Union City last year. Experts suggest the increasing scale and complexity of these thefts point to professionalized criminal operations.