Line a baking sheet with parchment paper or a silicone mat. Pour your bag of Fritos onto the baking sheet and arrange them into a flat layer. Set aside.
In a saucepan over medium-high heat, combine granulated sugar and corn syrup. Stir continuously until you notice bubbles around the exterior of the saucepan (about 2-3 minutes).
Add in the peanut butter and cook for another minute. Turn off the heat and pour the peanut butter mixture evenly over the Fritos.
Immediately sprinkle chocolate chips on top, then let the residual heat from the peanut butter mixture melt them.
Once melted, take a spoon, and spread the chocolate chips so you get a little chocolate in each bite!
Let the funky Fritos cool completely before breaking into pieces and serving!
