'Bits' in a computer? (5)

I believe the answer is:

chips

I'm a little stuck... Click here to teach me more about this clue!

'bits' is the definition.
(I know this)

'in a computer?' is the wordplay.
I cannot quite understand how this works, but
'in' could be 'hip' (both can mean fashionable) and 'hip' is present in the answer.
This explanation may well be incorrect...

Can you help me to learn more?

(Other definitions for chips that I've seen before include "accompaniment to 24 [FISH DISH]" , "fast food?" , "Accompaniment for everything" , "Gambling tokens" , "Master" .)

I've seen this clue in the Evening Standard.

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