CAKE
Generously butter and flour a 12 cup [2.7 L] bundt pan.

Combine first 6 ingredients in large bowl. Beat on low to moisten, scraping down sides 2 or 3 times. Beat on medium for 2 minutes. Stir in chocolate chips. Turn into bundt pan. Bake for 50 to 60 minutes until an inserted wooden pick comes out clean. Let stand for 20 minutes. Invert onto plate or rack to cool.

CHOCOLATE GLAZE
Melt chocolate chips and butter in saucepan over low heat, stirring often. Remove from heat. Spread over top of cake allowing some to run down sides.