You've had to many chocolate chips or any sort of ice cream with chocolate chips in them. You could be high-per. Based of the term "shit-faced".

Chip-faced was said in "Miss Congeniality."
"Top me off pal, I wanna get chip-faced!"
by ChipFaced March 19, 2009
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(American): The art of throwing a full bag of chips at an adversary's face.

The history of face-chipping dates back to Pre-Potato famine Ireland's more brutal practice, in which rivals would hurl bags of spuds at each other's faces as shows of domination and revelry.
Man did, you see that face-chipping of Dave Baron today in Vandy! That was sick brah'!
by cd777777 January 24, 2011
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