This tells you it ain't the stock. You're measuring more than ten times the allowable runout.Straightness tolerance on Stainless Steel Tubing; Round, Square and Rectangle
.075" in 7 feet
What make is the chuck?Yes chuck is new.
There's not much to look at here. If it's not the spindle, it's the chuck. There is no other cause I can think of for straight stock to indicate completely warped only 8" from the chuck face.
Take any other piece of stock- and chuck it up. I'll bet you see the same problem.