In a mixing bowl, beat the cream cheese, butter, and vanilla extract until fluffy, Gradually add sugars; beat just until combined. Stir in chocolate chips. Cover and refrigerate for 2 hours.
Place cream cheese mixture on a large piece of plastic wrap; shape into a ball. Refrigerate for at least 1 hour.
Serve with graham crackers. This is also good with chocolate or vanilla wafers.
Recipe by The Little Things Journal at https://thelittlethingsjournal.com/2014/04/02/chocolate-chip-cheeseball/