Combine flour, baking powder, and salt in a small bowl. Beat sugar, butter, and vanilla in a large mixer bowl until well blended. Beat in eggs, one at a time, beating well after each addition. Gradually beat in flour mixture alternately with milk. Stir in mini-chip morsels. Pour into greased and floured (I used Pam for Baking) 10-inch Bundt pan or two greased and floured 9 x 5-inch loaf pans.
Bake in a preheated 325 degree F. oven for 1 hour to 1 hour 10 minutes or until wooden pick inserted near center comes out clean. Cool in pan on wire rack for 15 minutes. Remove from pan; serve warm or cool completely on wire rack. Dust with powdered sugar before serving.