Can an am2 board run an am3 cpu?

Am3 CPUs can work in some AM2 boards. For some it is simply impossible, while for others they need a BIOS update. Even then, I would recommend turning off Cool n Quiet and you may also need to disable VT since AM2 boards were designed to cope with older versions of those technologies and even with a BIOS update may be unstable if you leave those features on.
 

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