Is my Dell Optiplex 7010 motherboard dead?

I haven’t turned on my desktop for a long time. Today plugged in a monitor and keyboard but it won’t boot up.

The machine is a Dell Optiplex 7010.

  • The power supply is firing up.
  • Power button lights up (but flashes orange)
  • Fans spin up.
  • USB ports are outputting power (LED on USB hub comes on).
  • I can hear the hard drives.
  • No video output.
  • LED on the keyboard does not light up.
  • No beeps.

Have tried unplugging and replugging all the internal cables. Reseating the RAM. Also replaced the cmos battery.

I read online that flashing orange power button indicates a power supply issue. I swapped in a spare power supply but made no difference.

Any advice?

Update: I tried to boot without the RAM installed and there is beeping in this case.