More than $150 million worth of AI equipment has been stolen this year, a report from cargo risk management firm Overhaul has detailed.

According to the company, individual losses regularly exceed $30m, and such thefts occur weekly.

However, it should be noted that details regarding the underlying incident count, geographic coverage, or shipment volume against which that increase was measured were not disclosed in the report.

Reports of stolen data center equipment, compute components, and semiconductors are up 34 percent since 2024, Overhaul said, with the primary method of theft shifting from force to fraud – deception, such as the use of false carrier identities, altered paperwork, or spoofed communications, featured in 92 percent of the high value technology shipment thefts Overhaul analyzed.

One incident included in the report involved $60m-worth of hardware belonging to an unnamed company being redirected to an unauthorized location, although in this instance the firm was alerted to the attempted theft and able to recover its goods.

Earlier this year, the Washington Post detailed a separate incident from July 2025 when an individual stole $9.5m-worth of Apple products, and AMD chips worth $6m.

While Overhaul noted that impacted companies will likely be insured against stolen equipment and hardware, insurance will not cover indirect losses related to timeline disruptions or delayed customer contracts.

This week, The Information reported that data center late fees were now hitting around $5m a day, up from approximately $1m in spring of this year. Meanwhile, insurance company Swiss Re has forecast that data center insurance premiums could approach $24 billion by 2030, with S&P Global estimating that figure currently sits around $10bn, double that of the global aviation insurance market.