Any particular reason why you bought it, other than the cheap price?
🤔
This issue is happening at POST. Just after switching on the PC.
Then, it most likely is your GPU.
Since you have F-suffix CPU, you do not have iGPU. So, to validate GPU issue, you need 2nd, known to work GPU, to test how system fares.
You can also plop your GTX 1080 Ti into another system and look if it artifacts there as well.
But before you put replacement GPU in your system, do replace the PSU. Since what you have, is a low quality PSU. And most likely the reason why you have your issues.
For 2nd opinion about your PSU, look it up from PSU tier list,
link:
https://docs.google.com/spreadsheet.../htmlview?pli=1&gid=1973454078#gid=1973454078
You'll find it being Tier C. While for the build what you have (especially due to GTX 1080 Ti), bare minimum would be Tier A PSU, while Tier A+ is preferred.
(E.g my 3x PCs are powered by Seasonic. I have PRIME 650 Titanium (Tier A+), PRIME Ultra 650 Titanium (Tier A+) and Focus PX-550 unit (Tier A). Full specs with pics in my sig.)