$11.4 million worth of Nvidia hardware stolen in California, mysterious truck disappears?

According to reports, the concerned authorities are still investigating the case in August this year.California A shipment of Nvidia (HUIDA, also known as NVIDIA) chips worth $11.4 million was stolen in East Oakland, but there is still no trace. Experts said it was a planned cargo robbery.

ABC News reported on the 7th that the goods were loaded on six pallets and were to be delivered on August 29.texas Fort Worth. Officials said the goods were loaded onto a truck identified as that of a food transportation company and left without a trace that day. Investigators followed the trail but were unable to locate the truck in San Bernardino County.

“The Oakland Police Department (OPD) is investigating a grand larceny that occurred in East Oakland. The crime was reported by the victim on September 13, 2026,” the Oakland Police Department said in a statement.

Olaf Groth, a professor at UC Berkeley’s Haas School of Business, said Huida chips are extremely popular and therefore have become a coveted target for Xiaoxiao. “Where security is weak, the incentive to steal these chips is very strong,” Gross said. He also said that the selling price of these chips outside the United States is very high. “The price of these chips overseas is almost twice that of the United States. For example, if a chip costs about 550,000 yuan in the United States, it can be sold overseas for 1 million yuan or more.”

“It’s also a national security issue because we don’t know where these chips are going. They could be sent to China or sent to any conflict zone in the world,” Gross said.

Authorities have not announced any arrests related to the $11.4 million theft and the investigation is ongoing.

This is the latest high-tech cargo crime in the Bay Area. Last year, Fremont and Union City police investigated the theft of more than $7.5 million in HUIDA. Gross said the scale and complexity of the thefts shows that criminal groups are becoming increasingly sophisticated. “As goods become larger and larger, theft techniques are becoming more and more sophisticated, which shows that the groups stealing these goods are becoming professional,” he said.

A suspect thought the target during the September attempt was Huda Technology, but the truck contained 40,000 pounds of sand, police said. Gross said, “These devices are national security assets and must be secured. We don’t know where these chips are going. They could go to China or conflict zones.”

Authorities have not made any arrests.

Experts said the case highlights security concerns in the transportation of technology goods and the potential national security risks of advanced hardware entering the black market.