A physical trait describing a very weak and fragile individual like chips. A chips ass nigga lacks the strength to defend himself and is typically attributed to someone who ain't about that life.
Tyrone: Yo Jayquan, how tall is you?
Jayquan: 6"4
Tyrone: Can you dunk?
Jayquan: naaaah.
Tyrone: Damn, youz a chips ass nigga!!!