I had a similar experience with my XFX 290 reference series. Hot air gun has brought back my XFX 290 to live. Covering other part using aluminum foil except for a card processor, heat it using Hot Air Gun with a distance between 50cm and temperature 300 degrees (Celcius). My hot air gun has two different temperature (300 and 600). (this is the last thing you can do). If your card still under warranty, just RMA it.
am playing around with this bios card using Hawaii bios editor causing this card dying.

Did you ever figure out what caused this? Maybe in my case it had something to do with two of the same cards with different bioses being booted?
One thing I actually forgot to mention before was that the riser this card was connected to wasn't working (no lights flashing and the card wasn't detected in windows). Could a faulty riser somehow damage a GPU?
Looks like I'll be RMA'ing this card. First time I've ever had to RMA anything, and it's been quite a headache.