It's the westside, niggas get chipped like woodchuck
Chipped like woodchuck refers to the actual animal’s habit of “chucking wood with it’s teeth”, which creates a huge amount of “wood chips” in the process. In this particular instance, chips could mean “get money”, but the way he uses it in the line, I get the feeling that chipped could mean ‘fucked up, in a jam, knocked out, killed, etc. In other words 'taking a loss’ — somehow subject of the sentence is losing.
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