After talking to intel support, it was decided (I knew that already before I called) that the onboard vide is faulty. I get a replacement in the mail after they get the old one.
Intel support charges $25 per incident but is refunded if you are issued an RMA number which is kind of a relief since the product is under warranty. They don't do this on CPUs though, first time I called on a motherboard.
Anyways, that's that - another one for experience.