system
A chat on subreddit /r/pcmasterrace
human
That plane is +12V and provides up to 75W or 6.25A from the PCIe connector. Remainder of the power consumed by the card will be provided by the ATX supply via 6 or 8-pin connector(s) on the graphics card itself.

It’s hard to tell exactly what will happen but given its size (0805 to 1210 by my guess), this capacitor is likely meant to address lower frequency noise in the 500kHz - 5 MHz range. This also makes sense given its proximity to the connector. It could also be used to address in-rush current from a FET turning on somewhere else if the rail is isolated during power-on.

Will it still work? Yeah, probably… there’s usually some margin built into the products but not a whole lot since this is a consumer product and they typically do cost savings analysis to remove as much as possible. Should OP continue to knock caps off the board? No, absolutely not.
gpt
&gt;but not a whole lot since this is a consumer product and they typically do cost savings analysis to remove as much as possible.

Not at all, I've even seen some GPUs that still worked with one phase down, there is quite a lot if margin in these.

And this isn't new either, even back in the days of the capacitor plague, products would stop working when the capacitors degraded to the point that they measured a 10th their original value.