Chip stocks have been clear winners of the AI boom, but they come with risks. Another way to invest in AI is through companies offering AI products and services, like Amazon. Amazon’s cloud computing business, AWS, offers a wide range of AI products, helping the company reach a $132 billion annualized revenue run rate. The success of AWS shows that Amazon can continue growing even if AI development faces challenges. With a forward earnings estimate of 32x, Amazon is reasonably priced and may be a safe way to invest in AI without touching chip stocks.

Read more at Nasdaq: Could This Be the Safest Way to Invest in AI Without Touching Chip Stocks?