chip vs blue chip

chip and blue chip both are nouns.

Word	Noun	Adjective	Verb	Adverb
chip	Yes	No	Yes	No
blue chip	Yes	No	No	No

As nouns, blue chip is a hyponym of chip; that is, blue chip is a word with a more specific, narrower meaning than chip:

chip (noun)	blue chip (noun)
the act of chipping something	a blue poker chip with the highest value
(golf) a low running approach shot	a common stock of a nationally known company whose value and dividends are reliable; typically have high price and low yield
electronic equipment consisting of a small crystal of a silicon semiconductor fabricated to carry out a number of electronic functions in an integrated circuit
a small disk-shaped counter used to represent money when gambling
a triangular wooden float attached to the end of a log line
a mark left after a small piece has been chopped or broken off of something
a thin crisp slice of potato fried in deep fat
a small fragment of something broken off from the whole
a piece of dried bovine dung