Nvidia hardware worth $11.4M vanished between Oakland and Texas
6 pallets of hardware vanished en route to Texas, with no arrests 2 months later.
via Ars TechnicaReported by 2 outlets
Thieves intercept shipment of Nvidia hardware valued at $11.4 million on transit route to Texas
The story so far
AI summary of the reporting below · Updated · How we work
A truck carrying six pallets of Nvidia hardware valued at $11.4 million vanished while en route from Oakland to Fort Worth, Texas. The cargo was collected on August 29 by a truck displaying the logo of a food transportation company, but it never arrived at its destination. The buyers noticed the disappearance in early September, and Oakland police formally logged a grand theft report on September 13. [1][2]
Investigators tracing the vehicle discovered that it made multiple multi-hour stops before tracking was lost entirely in San Bernardino County, California. Authorities have not disclosed the specific models of Nvidia hardware involved or how the heist was orchestrated, and no arrests or cargo recoveries have occurred. A UC Berkeley professor noted that such chips can command about 1 million or more abroad, nearly doubling their domestic value outside the United States. [1][2]
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2 outlets
Read at Ars Technica
NVIDIA GPUs Worth $11.4 Million Stolen From Oakland Fetch A Hefty Price Outside Of U.S. Says UC Berkeley Professor, “They Go For About 1 Million Or More Abroad”
The astronomical value of NVIDIA’s AI GPUs will attract the wrong kind of attention. Just last month, we reported that an RTX 5090 shipment worth almost $500,000 was stolen from a Brazilian airport. Now, a similar theft has taken place, one where the value of these graphics chips reaches a mammoth $11.4 million. According to the latest report, pallets loaded with NVIDIA hardware mysteriously disappeared while en route to data center facilities in Texas.
via Wccftech