A blown capacitor on a computer graphics card. The electrolytic capacitors used in computer equipment will fail due to old age, but there was also a large batch of faulty capacitors produced from around 1999 until 2007.
From Wikipedia (http://en.wikipedia.org/wiki/Capacitor_plague):
When a faulty capacitor is charged, the water-based electrolyte becomes unstable and breaks down, producing hydrogen gas. Since these types of capacitors are sealed in an aluminium casing, the pressure builds up within the capacitor until either the flat metal top of the capacitor begins to bend, or the rubber sealing plug is pushed down.
Eventually the pressure exceeds the strength of the metal casing and venting occurs, either by blowing out the rubber bottom of the capacitor, or bursting the scored metal vent on the top of the capacitor. When an electrolytic capacitor bursts, effects can range from a pop and a hissing noise to a small explosion. Venting is typically messy, and the corrosive electrolyte must be cleaned off the motherboard to prevent further damage.
20 recovery in ACR