Preheat oven to 325 degrees F or 162 C. Prepare 2 rimmed baking sheets with parchment paper. Spread cashews on baking sheet. Place in the oven for 20 minutes, stirring once, or until the cashews are golden brown. Remove from the oven and cool. Coarsely chop the cashews.
In a microwave safe bowl, pour the semi-sweet chocolate chips and heat for 1 minute. Stir using the residual heat to continue melting. Return to the microwave and heat in 30 second increments, stirring well between each heating until melted.