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Sunnyvale-based Advanced Micro Devices reported earnings of $13 million, or 9 cents a share, for the quarter ended March 30, beating most analysts’ estimates, as its sales rose 1% to $552 million. The chip maker lost $96 million in the year-earlier period as chip demand failed to keep pace with 1995 and memory chip prices fell. . . . Santa Clara-based 3Com Corp. cut prices 18% on its ethernet switches, a key computer-networking product, intensifying the price-cutting trend in the networking industry. . . . Phoenix Technologies Ltd.’s said it expects earnings to fall to 11 cents to 14 cents a share from the 15 cents recorded a year earlier, on lower sales, sending the San Jose-based software company’s shares down $2.75 to close at $12.875 on Nasdaq. . . . Good Guys said sales fell 3% to $205.1 million in its fiscal second quarter ended March 31. The San Francisco-based consumer electronics retailer said sales in stores open for a year or more fell 9%. . . . Irvine-based Cooper Cos. said it acquired Marlow Surgical Technologies Inc., a privately held gynecology products company based in Willoughby, Ohio, for about $3.2 million in cash and about $3.4 million in stock.

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