I've seen this happen on other monitors with a machine I used to work on. It's just the card itself. Time to get a different one, preferrably one that has a Mac firmware.
\I've seen this happen on a brand new 4k monitor with a gtx680.
Arrgh! The bloody thing can be made to go away with manipulation of the connector bit comes back after a sleep or restart! WTF!!
You seem pretty sure but the OP said it occurred with the original GT120 as well.
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Which connector are you 'manipulating'?
Are there any bent pins?
Try a new cable.
Gosh! I never knew that. How incredibly dumb. Fixed cables are usually the hallmark of cheap & nasty models.the cable on the 30" ACD is fixed.