A semiconductor device includes: a substrate; an interconnect structure over the substrate; an etch stop layer over the interconnect structure; and metal-insulator-metal (MIM) capacitors over the etch stop layer. The MIM capacitors includes: a bottom electrode extending along the etch stop layer, where the bottom electrode has a layered structure that includes a first conductive layer, a second conductive layer, and a third conductive layer between the first conductive layer and the second conductive layer, where the first conductive layer and the second conductive layer include a first material, and the third conductive layer includes a second material different from the first material; a first dielectric layer over the bottom electrode; a middle electrode over the first dielectric layer, where the middle electrode has the layered structure; a second dielectric layer over the middle electrode; and a top electrode over the second dielectric layer.