Prepare the Cream Cheese: In a medium mixing bowl, beat the softened cream cheese with an electric mixer until smooth and creamy.
Mix in the Sugars: Gradually add in the powdered sugar and brown sugar, mixing well until fully combined.
Add Cocoa and Vanilla: Slowly mix in the cocoa powder and vanilla extract, ensuring that everything is blended together.
Fold in the Whipped Topping: Gently fold in the whipped topping until the mixture is creamy and smooth. Be careful not to overmix; you want to keep that light, airy texture!
Stir in the Chocolate Chips: Finally, fold in the mini chocolate chips to add extra chocolatey goodness.
Serve: Transfer the dip to a serving bowl, and feel free to garnish with more chocolate chips or a drizzle of chocolate syrup!