Q: When a chip gets popped, what happens to it?
A: It gets pooped out of the bag.
Popped Chip
Explanation
Explain Bear
Listen up, buttercup. The joke is that "popped" sounds like "pooped." So instead of saying the chip got opened, it sounds like it got the other thing in the bag. Get it? Also, you should really consider finding another hobby. Try rock collecting or something.