OAKLAND, Calif. (KGO) -- Authorities are investigating the theft of more than $11 million worth of Nvidia computer hardware in Oakland, in what experts describe as a sophisticated cargo heist targeting one of the world's most valuable technology companies.

According to reporting by the Bay Area News Group, the theft involved $11.4 million worth of Nvidia cargo that disappeared after departing Oakland on its way to Texas.

The shipment, consisting of six pallets of Nvidia hardware, left Oakland on Aug. 29 and was bound for Fort Worth, Texas. Authorities said the cargo was picked up as planned by a truck identified as a food transport company.

Investigators later lost track of the vehicle in San Bernardino County.

In a statement, Oakland police said: "The Oakland Police Department is investigating a grand theft that occurred in East Oakland.…