Shares of Super Micro Computer Inc. powered higher Monday after the server maker and artificial-intelligence play said an internal probe into accounting issues “did not raise any substantial concerns” about the integrity of its management.

Shares in Super Micro Computer surged more than 20% after the company said a review of its accounting hadn't supported claims made by former auditor Ernst & Young, or raised major concerns about senior management.

Super Micro Computer’s, shares jumped on Monday after it got good news from an internal investigation into its accounts.The probe into why its auditor quit, forcing it to delay earnings, found no evidence of fraud or misconduct.