Micron shares up 12% in Europe after blowout forecast

Dec 18 (Reuters) – Micron Technology’s ​Frankfurt-listed shares ‌soared almost 12% ‌in early European trading on Thursday following ⁠an ‌upbeat forecast from the ‍U.S. computer memory chip maker.

Micron predicted ​second-quarter adjusted ‌profit at nearly double Wall Street expectations, as prices ⁠soar for ​memory ​chips amid tight supplies and ‍booming ⁠demand from data centres.

(Reporting by ⁠Danilo Masoni, ‌editing by Samuel ‌Indyk)