Brown ground beef in a 12-inch skillet over medium-high heat; pour off drippings. Stir in all remaining ingredients except chips and cheese and bring to a boil over high heat. Reduce heat to low, cover, and simmer 20 minutes, stirring occasionally.
Arrange corn chips on a serving platter and spoon chili over top; sprinkle with cheese.
Makes 6 servings.
*This is also terrific with Lipton® Recipe Secrets® Beefy Mushroom, Onion Mushroom or Beefy Onion Soup Mix.