Okay, so let's say you have a toy car. When you turn the car on and it starts moving, it makes a noise, right? That noise is like a signal, and the car's remote control is what sends that signal to make it move.
Now, imagine that the signal is made up of lots and lots of little noises that happen really quickly, one after another. Those little noises are like chips, and the speed at which they happen is called the chip rate.
Just like how the toy car needs to receive lots of little noises in order to move, other things like phones and GPS devices use chip rates to send and receive lots of tiny signals really quickly. The chip rate helps them send and receive information accurately and quickly.
So, chip rate is like a lot of small noises happening quickly that help toys and electronic devices work the way they should.