HDMI audio behaving strangely

Strange, try reinstalling the audio drivers.

I personally use seperate speakers, connected with the audio jack on the back of the motherboard. Always works without an issue. That and audio quality is soooo much better than the one from my monitor. Maybe that's another option for you.
 
@wulffz I have a strange setup. My PC is connected to my TV and my TV is what pushes the audio to my surround sound. But my other pc and this pc before upgrading worked fine as well.
 
Then you'd have a bigger chance of solving this by looking into the drivers or settings of your TV.

Or as I do, can't you connect the surround sound to your computer instead of your TV? Then you'll send the video from your PC to your TV and the audio from your PC straight to your surround sound. Maybe this workaround will solve it.
 
It's not just the surround though. It's an old cheap surround sound with no easy way to connect it to computer. But the issue happens through the tv speakers or the surround sound anyway
 
Might be because of the onboard sound of your new motherboard then. It's the only think that you recently changed in your setup. If drivers don't solve it, then I'd say looking into a seperate soundcard could do the trick.
 
Yes the GPU is purely for graphics but when using sound over HDMI then it comes from the onboard audio first. If that audio chip is worse than on your previous motherboard then that might be the problem.
 
If your stereo system would've been easier to connect to your pc then you could've gotten away with buying a new soundcard..
But certainly try looking into settings before returning stuff. You might stumble upon one silly setting that ruines the audio. I'm not an expert but trying doesn't cost you anything! :)