Conductive microcables embedded in a transparent film are fabricated by inkjet printing silver-nanoparticle ink into a liquid poly(dimethylsiloxane) (PDMS) precursor substrate. By controlling the spreading of the ink droplet and the rheological properties of the liquid substrate, transparent multilayer circuits composed of high-resolution embedded cables are achieved using a commercial inkjet printer. This facile strategy provides a new avenue for inkjet printing of highly integrated and transparent electronics.