AI Tech Thefts Soar, Costing Consumers

0:00It's March 9th in Anchorage, let's get into the news. Cargo These are hitting high-value tech shipments hard, especially parts for AI data centers and computers. Last July in Reno, Nevada, one thief backed a truck up to a trailer just after midnight, hooked it up and drove off in only 14 minutes with. $9.5 million in Apple products and $6 million in AMD chips. These are zeroing in on the supply chain boom for AI and tech gear like RAM modules, graphics cards and server racks. Recent hits include a $1.5 million load of graphics cards from California headed to Ohio last month. A $3.1 million, shipment of hard drives near Arizona in December and Nvidia chips worth nearly $200,000 stolen in California last summer. Industry experts say losses are way under-reported, maybe 10 to 15 times higher than official numbers because companies avoid the spotlight too. Dodge finger pointing among shippers and insurers.

1:01These steps drive up prices for everyday consumers and groups are pushing federal laws to crack down like they do on retail scams. These have levied up with old school tricks like tailing trucks and new ones like fake trucking companies and bogus pickup orders. They swap plates, repaint trailers and use insider tips, making cargo vanish before anyone notices. A huge example came in September when a guy posed as a driver in Salt Lake City and took off with a trailer holding 40 AI server racks and over one. 108,000 memory modules worth $31 million. It turned up empty days later near Los Angeles and Utah officials are investigating. Support for this episode comes from our sponsor, See the description. Some travel miles to find peace. I just climb into bed and listen, S-O-L-I-S-O-L-P-L-O dot com.