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Preheat oven to 350°F. Beat all ingredients, except chocolate chips, in large bowl with electric mixer on low speed just until moistened, scraping side of bowl frequently. Beat on medium speed 2 minutes or until well blended. Stir in chocolate chips
Pour into 10-cup Bundt pan sprayed with no stick cooking spray with flour
Bake 50 minutes or until cake pulls away from side of pan and cake springs back when touched lightly. Cool in pan 15 minutes. Invert cake onto wire rack. Cool completely
For the White Chocolate Drizzle, microwave white chocolate and milk in small microwavable bowl on MEDIUM-HIGH (70% power) 1 minute. Stir until chocolate is melted and mixture is smooth. If needed, microwave 10 to 30 seconds longer, stirring every 10 seconds. Stir in vanilla. Immediately drizzle over cooled cake