- 1 cup semi-sweet chocolate chips
- 2 tablespoons butter or margarine
- 1 (14 ounce) can Sweetened Condensed Milk
- 2 tablespoons water
- 1 teaspoon vanilla extract
- In heavy saucepan, over medium heat, melt chocolate chips and butter with EAGLE BRAND® and water. Cook and stir constantly until thickened, about 5 minutes. Remove from heat. Add vanilla.
- Serve warm as a fruit and cookie/cracker dipping sauce or drizzle over ice cream or cake. Store leftovers covered in refrigerator.