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Artificial intelligence is getting a lot of attention in 2023, but a lot of the coverage is more hype than substance. Behind the scenes, there is a lot of value being created, but in may not be in the areas you think. Chips, cloud services, and security are great ways to investing in AI "picks and shovels", which Travis Hoium highlights in this video.

Travis Hoium has positions in Alphabet, Apple, and Cloudflare.

A portion of this video is sponsored by The Motley Fool. Visit to get access to my special offer. The Motley Fool Stock Advisor returns are 379% as of 1/24/2023 and measured against the S&P 500 returns of 113% as of 1/24/2023. Past performance is not an indicator of future results. All investing involves a risk of loss. Individual investment results may vary, not all Motley Fool Stock Advisor picks have performed as well.

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