$11M in Nvidia hardware stolen from truck in Oakland
The gist
Six pallets of Nvidia chips worth $11.4 million were stolen from a truck that left Oakland.
No arrests have been announced as police investigate the East Oakland theft.
How it unfolded
- Aug 29, 2026A truck bearing the logo of a food transport company loaded six pallets of Nvidia chips and computer hardware valued at $11.4 million in Oakland and headed south toward Fort Worth, Texas.
- Sep 13, 2026The victim reported the grand theft, which occurred in East Oakland, to the Oakland Police Department.
- early Sep 2026Police reportedly weren't notified of the theft until early September, giving the thieves several days to move the equipment.
Key terms
- grand theft
- A serious form of theft, typically involving property above a certain value, treated as a major crime.
- pallets
- A flat transport structure that supports goods so they can be lifted by forklifts or jacks.
- data centers
- Facilities housing computer systems and related equipment for storing, managing, and distributing digital information.
Source: Wikipedia