Hey there,
So, normally after a bios update you need to clear CMOS too. This will completely wipe the previous bios. Typically to clear CMOS, you turn the PC off. Remove battery, switch a jumper for 30 seconds, switch the jumper back, re-insert the battery, and boot up. The exact way will be found in your motherboard manual. It differs slightly for each manufaturer, but it's mostly the same process.
Hopefully when you boot, you'll be able to set the CPU speed and it saves. If not, you might consider a battery replacement, because it could be the battery is dead and the bios won't remember the settings you've inputted after reboot.