GoKawiil
Tech News
Police say sophisticated thieves stole six pallets of Nvidia equipment worth $11.4 million after the shipment left Oakland on August 29 bound for Fort Worth, Texas. The loss wasn't discovered until early September, and investigators lost the suspect vehicle's trail in San Bernardino County after multiple lengthy stops. No suspects have been arrested.
The New York Times found that New Matrix, a Chinese firm cleared to receive Nvidia's H200 AI chips, operates out of what appears to be an empty, gutted office space with no listing in the building directory. The report says New Matrix's owners have links to a Chinese private equity firm blacklisted by the US government since 2024, and that this is part of a broader pattern of approved buyers tied to restricted entities.
The New York Times reported that a woman who cultivated a close relationship with Nvidia CEO Jensen Huang was recruited by China's Ministry of State Security, the country's top intelligence agency. The report characterizes her as an operative working on behalf of Chinese state intelligence rather than an independent actor.
Six pallets of Nvidia equipment worth $11.4 million disappeared after leaving Oakland on August 29 aboard a truck bound for Fort Worth, Texas, disguised with a food transport company's logo. Oakland police confirmed a grand theft report was filed on September 13, and the truck was last tracked to San Bernardino County before investigators lost its trail. No arrests or recovery of the cargo have been reported.
US lawmakers have called Nvidia CEO Jensen Huang to testify before Congress regarding concerns about potential Chinese espionage tied to the company's chip sales and operations. The summons signals heightened scrutiny of Nvidia's dealings with China amid broader US national security reviews of advanced semiconductor exports.
The New York Times reports that China's Ministry of State Security recruited Megaspeed executive Alice Huang to gather information on Nvidia CEO Jensen Huang and potentially push Nvidia to sell its most advanced AI chips to China. Alice Huang, described as having a close relationship with Jensen Huang, also reportedly has ties to senior executives at Gigabyte and elsewhere in the chip industry. Three House committees have since asked Jensen Huang to appear for a closed-door briefing on his interactions with her.
Technology shares rose on Friday morning, clawing back some losses from Thursday's sharp sell-off that erased trillions of dollars in market value across US, Asian and European markets. Nvidia rose more than 6% after shedding hundreds of billions on Thursday, while SpaceX and Tesla also posted gains, as the Nasdaq opened up 1.23% following stronger-than-expected US jobs data showing 165,000 new jobs added in September.
Three House committee chairs have asked Nvidia CEO Jensen Huang to appear at a closed-door briefing on November 18, following a New York Times report that US intelligence officials suspect he was targeted by a Chinese espionage operation. The concerns reportedly involve Alice Huang, an executive at Singapore-based cloud firm Megaspeed, which has purchased large volumes of Nvidia chips. Nvidia has disputed the allegations and declined to confirm whether its CEO will attend.
Nvidia now reportedly requires Southeast Asian computing providers to enroll in its Fleet Intelligence tracking system to qualify as official Nvidia Cloud Partners, according to Bloomberg sources. Fleet Intelligence, launched last December as a data-centre management tool, collects information on where Nvidia hardware is deployed, including the location of individual chips. Nvidia has not commented, and it remains unclear whether current partners must also enroll or if the requirement will expand beyond the region.
Among 949 venture equity rounds of $100M or more announced between October 2025 and September 2026, 903 named at least one investor. Nvidia, counted together with its venture arm NVentures, appeared in 79 of those rounds, roughly one in eleven. The data counts an investor once per round regardless of whether it led or merely joined, and only includes investors explicitly named in coverage.
A truck disguised as a food transport vehicle picked up six pallets of Nvidia hardware worth $11.4 million after they left Oakland bound for Texas on August 29, according to ABC7 News. Investigators lost track of the truck in San Bernardino County, and Oakland Police received a theft report on September 13; no arrests have been announced.
Nvidia has pitched Apollo Global Management, Brightspeed's parent company, on converting roughly 130 existing telecom buildings into small data centers, according to The Information. Apollo asked for written plans, which Nvidia has since provided along with requests for site data and visits. The sites could reportedly deliver about 1 gigawatt of combined compute capacity, enough for over 2,200 Supermicro Vera Rubin NVL72 racks.