It does look like one of the many graphics card failures I've seen over the years.
Remember you only supplied this image and no other detail so I could be wrong in calling it a graphic card failure.
The test is to try another graphics card.
Hello, 
I am trying to figure out what is the name of the error displayed in the following image?

Chowhound
Comic Vine
GameFAQs
GameSpot
Giant Bomb
TechRepublic