diff --git a/netbox/dcim/models/devices.py b/netbox/dcim/models/devices.py
index 64d2e346cf..6c5a2d85d7 100644
--- a/netbox/dcim/models/devices.py
+++ b/netbox/dcim/models/devices.py
@@ -957,6 +957,11 @@ def _instantiate_components(self, queryset, bulk_create=True):
             if cf_defaults := CustomField.objects.get_defaults_for_model(model):
                 for component in components:
                     component.custom_field_data = cf_defaults
+            # Set denormalized references
+            for component in components:
+                component._site = self.site
+                component._location = self.location
+                component._rack = self.rack
             components = model.objects.bulk_create(components)
             # Prefetch related objects to minimize queries needed during post_save
             prefetch_fields = get_prefetchable_fields(model)
diff --git a/netbox/dcim/models/modules.py b/netbox/dcim/models/modules.py
index 1c3f9f7307..b5071794a2 100644
--- a/netbox/dcim/models/modules.py
+++ b/netbox/dcim/models/modules.py
@@ -315,6 +315,12 @@ def save(self, *args, **kwargs):
                 for component in create_instances:
                     component.custom_field_data = cf_defaults
 
+            # Set denormalized references
+            for component in create_instances:
+                component._site = self.device.site
+                component._location = self.device.location
+                component._rack = self.device.rack
+
             if component_model is not ModuleBay:
                 component_model.objects.bulk_create(create_instances)
                 # Emit the post_save signal for each newly created object
diff --git a/netbox/dcim/signals.py b/netbox/dcim/signals.py
index 9295ddbdba..9079b62781 100644
--- a/netbox/dcim/signals.py
+++ b/netbox/dcim/signals.py
@@ -44,6 +44,9 @@ def handle_location_site_change(instance, created, **kwargs):
         Device.objects.filter(location__in=locations).update(site=instance.site)
         PowerPanel.objects.filter(location__in=locations).update(site=instance.site)
         CableTermination.objects.filter(_location__in=locations).update(_site=instance.site)
+        # Update component models for devices in these locations
+        for model in COMPONENT_MODELS:
+            model.objects.filter(device__location__in=locations).update(_site=instance.site)
 
 
 @receiver(post_save, sender=Rack)
@@ -53,6 +56,12 @@ def handle_rack_site_change(instance, created, **kwargs):
     """
     if not created:
         Device.objects.filter(rack=instance).update(site=instance.site, location=instance.location)
+        # Update component models for devices in this rack
+        for model in COMPONENT_MODELS:
+            model.objects.filter(device__rack=instance).update(
+                _site=instance.site,
+                _location=instance.location,
+            )
 
 
 @receiver(post_save, sender=Device)