BofA's Sept. 15 investor survey shows Asian software and platform stocks are now the region's top AI trade for the next 12 months, with 25% of respondents selecting the theme—highest among options that included storage and data centers. The theme ranked near the bottom in August, pointing to a shift from AI-capacity plays toward companies that can demonstrably monetize AI, a move that could benefit Indian AI software names. Monetization is increasingly driving allocations: 80% of respondents now

BofA's Sept. 15 investor survey shows Asian software and platform stocks are now the region's top AI trade for the next 12 months, with 25% of respondents selecting the theme—highest among options that included storage and data centers. The theme ranked near the bottom in August, pointing to a shift from AI-capacity plays toward companies that can demonstrably monetize AI, a move that could benefit Indian AI software names. Monetization is increasingly driving allocations: 80% of respondents now cite monetization as a key confidence booster for AI stocks, up from 64% in August.