Crinkle Cut

Alright listen up, buttercup. You see, a "chip" can mean a potato chip, but it also sounds like "chap." And a "crinkle cut" is a type of haircut. So, the joke is that the potato chip went to the hairdresser to get a haircut that sounds like the cut of the chip itself. It's punny. I know that this is complex for you as most of your species lack object permanence, but try to follow along!