OAKLAND, CA — Oakland police are investigating a grand theft tied to a reported $11.4 million shipment of Nvidia cargo that disappeared after being picked up this summer. The case involves six pallets of material that were supposed to be shipped to Fort Worth, Texas, but were instead collected by a truck on Aug. 29 and later lost from view, according to the East Bay Times.
The Oakland Police Department confirmed that the theft was reported Sept. 13 and said the investigation remains open. Police have not said what was on the pallets, and they have not released additional details about how the cargo was taken. No arrests have been reported.
How the Nvidia shipment disappeared after pickup in East Oakland
According to the East Bay Times, the shipment was taken from East Oakland when a truck arrived to pick up the pallets. The vehicle then disappeared after authorities tried to follow its trail. Police lost track of it in San Bernardino County, the newspaper reported.
The sequence has left investigators trying to determine where the cargo went and who may have been responsible. Oakland police have described the matter as a grand theft, but they have not shared whether investigators believe the cargo was stolen during transport, at a loading site, or through some other method. Those details remain under review.
Why the theft stands out because of Nvidia's role in the AI market
The shipment reportedly involved Nvidia Corp., the Santa Clara-based technology company whose graphic processing units dominate the market for artificial intelligence chips. That makes the alleged theft especially notable because Nvidia hardware is widely used in high-demand computing applications.
Even so, police have not identified the contents of the pallets beyond their link to the company. Nvidia did not respond to a message seeking comment. The company’s silence leaves unanswered questions about whether the cargo was part of a standard commercial shipment, specialized equipment, or another type of inventory.
Oakland police say the investigation is ongoing with no arrests
The Oakland Police Department said the case is still active, but it declined to provide more information. Officers have not said whether they have identified a suspect, recovered any of the missing cargo, or found the truck that carried the pallets away.
Police have also not said whether other agencies are helping with the investigation beyond the reference to the vehicle being traced into San Bernardino County. For now, the case remains a grand theft inquiry centered on a shipment that vanished after pickup and before it could reach its Texas destination.
What is known about the timeline from pickup to report
The reported theft appears to have unfolded over several weeks. The pallets were picked up Aug. 29, while the grand theft was reported to police on Sept. 13. Authorities later confirmed they were investigating after the East Bay Times first reported the case.
That timeline suggests investigators may have been working through the shipment’s trail after the cargo failed to arrive as planned. The report that the truck disappeared in San Bernardino County indicates the path extended beyond the Bay Area, making the case a multi-county search for a vehicle and cargo that are still missing.
What investigators and the public still do not know
Several major questions remain unanswered. Police have not said who owned or arranged the shipment, how the truck was selected, or whether the pallets were stolen by force, fraud, or diversion. They also have not disclosed the value breakdown behind the reported $11.4 million figure.
With no arrests reported and no public release of further evidence, the case is still in the early stages of a broader investigation. For now, the public record is limited to the reported shipment, the police confirmation, and the route that ended with the truck disappearing somewhere beyond East Oakland.
