CPU red light: may be a defective, faulty, or improperly installed connector.
Are you absolutely sure that the motherboard supports the CPU? Details matter.
Refer to the motherboard's User Guide/Manual and the manufacturer's website as to the meaning(s) of that CPU red light. Any beep codes or LED light codes?
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Other potential issues, concerns, and questions:
Did you change PSUs? Or use connecting cables from various PSUs?
How is the monitor connected: GPU, iGPU (if supported), video cable = DVI, HDMI, DP? Known working monitor and video cable?
You must also read/review the applicable User Guides/Manuals for the GPU and monitor.
Was the first RAM module installed in the correct RAM slot? Some motherboards require that the first installed RAM module be placed in a specific RAM slot.