Is CHIPS a Wordle Word?

Yes. CHIPS is a valid Wordle word.

It is not on the Wordle answer list, so it is unlikely to be a daily answer.

Plurals ending in S are almost never chosen as Wordle answers.

What does CHIPS mean?

/tʃɪps/

A small piece broken from a larger piece of solid material.
A damaged area of a surface where a small piece has been broken off.“This cup has a chip in it.”
(games) A token used in place of cash.

15 more noun definitions

A sovereign (the coin).
A circuit fabricated in one piece on a small, thin substrate.
A hybrid device mounted in a substrate, containing electronic circuitry and miniaturised mechanical, chemical and/or biochemical devices.
(especially in the plural) A fried strip of potato of square or rectangular cross-section; a french fry.“Do you want sauce or mayonnaise on your chips?”
(especially in the plural) A thin, crisp, fried slice of potato, or sometimes another vegetable; a crisp.
A shot during which the ball travels more predominantly upwards than in a regular shot, as to clear an obstacle.
A takeout that hits a rock at an angle.
A dried piece of dung, often used as fuel.
(northern) A receptacle, usually for strawberries or other fruit.
A small, near-conical piece of food added in baking.
A small rectangle of colour printed on coated paper for colour selection and matching. A virtual equivalent in software applications.
The triangular piece of wood attached to the log line.
Wood or Cuban palm leaf split into slips, or straw plaited in a special manner, for making hats or bonnets.
Anything dried up, withered, or without flavour.
A low shot that travels further along the ground than it does in the air.

To chop or cut into small pieces.“The workers chipped the dead branches into mulch.”
To break small pieces from.“Be careful not to chip the paint.”
To play a shot hitting the ball predominantly upwards rather than forwards. In association football specifically, when the shot is a shot on goal, the opposing goalkeeper may be the direct object of the verb, rather than the ball.

6 more verb definitions

To upgrade an engine management system, usually to increase power.
To become chipped.“This varnish chips easily.”
(often with "in") To ante (up).
To fit (an animal) with a microchip.
(often with "in") to contribute.“Everyone needs to chip in £1 for George's leaving collection”
(also, to chip at) To make fun of.

Definition from Wiktionary, available under the CC BY-SA license.

Starter word rating: WeakIn the top 71% of all valid Wordle words for testing common letters.
Vowels: I
Unique letters: 5 of 5
Common letters: I

Hard-mode trap: 8 valid words fit the pattern CHI_S. If you reach it, you may need several guesses to find the last letter.

Letter ratings use how often each letter appears in Wordle answers.

Tap its tiles to the colours Wordle showed, and the Wordle Solver lists every word that still fits, with the best next guess.