Hi, just got my i7/5700XT with 8Gb of RAM yesterday. I had been following this thread so didn't add by 3rd party ram. Over a 2 hour period I had the white flickers twice. Both times only effected the background to the right margin of an open window about 1/3 from the bottom of the screen. Truetone was on. It must be software as it only affected the background rather than the whole screen horizontally. Only did it for 0.5sec.
Reminded me of a bug in the G3 dual 450 Power Mac with the Radeon card. In Flash 3 when you were within the app any cursor movement while drawing produced similar lines. It was a driver issue, at the time Apple told me to disable the graphics card extension in OS 9.5 which rendered it useless.
Had GPU failures in old ibooks, in those cases lines went completely across the screen.
Last night software update had a 3.2Gb compatiability update for iMac 2020. Not tested since then.