This chocolate chiffon cake is light, fluffy, and cottony-soft. It's a cross between a sponge cake and a dark chocolate fudge cake, topped with a rich chocolate ganache.
Make a well in the center and add the oil, egg yolks, vanilla, and cocoa mixture.
1/2 cup vegetable oil, 7 large egg yolks, 2 tsp vanilla extract
Using the same beaters, mix until smooth and combined, scraping the bowl as needed.
Fold in 1/4 of the beaten egg whites to lighten up the mixture. Then gently fold in the rest in 3 equal parts. Pour the batter into an ungreased 10" tube pan with a removable bottom.
Bake for 55-60 minutes or until a toothpick inserted into the center comes out clean. Invert to cool completely.
Meanwhile, place the chocolate chips and cream in a microwave-safe bowl. Heat in the microwave at 50% power for 30 seconds at a time, stirring in between, until completely melted and smooth.
1/2 cup heavy or whipping cream, 4 oz chocolate chips
Let cool to thicken for about an hour. Invert the cooled cake onto a serving plate. Spread the ganache on top.
Notes
Leftovers can be covered and stored at room temperature for 3-4 days.