I would go to a full on html approach. Went down that path a while back to create pills that looked like choice chips. Never really completed it since I was just trying to see if I could do it. My approach was overkill, but something like a javascript column or even a template column could convert a comma delimited list into HTML that can be displayed in a rich text component reasonably easily depending on how lucky you are on the design of the pills.
I wouldn’t use a choice component simply because users could still click on them.