Same problem on MSI K9AGM2-FIH, same chipset.
$ aplay -L
~<SNIP>~
null
Discard all samples (playback) or generate zero samples (capture)
iec958:CARD=HDMI,DEV=0
HDA ATI HDMI
IEC958 (S/PDIF) Digital Audio Output
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No HDMI audio with ALC883 chipset
https://bugs.launchpad.net/bugs/148097
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