Originally posted by: Navid
http://endeavorquest.net:8880/7900GT_VM/index.htm
In the first picture on this link, you can see that the same capacitor has fallen off too!
You can see it in some of the other boards in the other pictures.
It is in the area where the voltage regulators are. So, it is quite likely that it is a decoupling capacitor. But, I cannot be sure. If so, it helps keep the supply voltage clean for the component that is near it.
Can you confirm if one end of it is connected to the ground plane? The ground plane is a large region on the board that goes almost everywhere on the board. It is often electrically connected to the PSU ground (back wires on a Molex connector).
The supply voltage gets to different components on a board through long tracks. These tracks have effective resistance and inductance. At high frequency with different components operating from the same supply voltage track, they can induce noise on such track. Then, an unwanted ripple could develop on the track causing to limit the operating frequency of some of those components. Decoupling caps help reduce this effect.