1  12-ounce package semisweet chocolate chips (2 cups)
2/3  cup sweetened condensed milk (half of a 14-oz can)
1  tablespoon water
3/4  cup chopped walnuts, toasted if desired
1  teaspoon vanilla

Line a cookie sheet with waxed paper; set aside. In a medium microwave-safe bowl, combine chocolate chips, sweetened condensed milk, and water.

Microwave, uncovered, on high for 1 minute; stir. Microwave about 1 minute more, or until chocolate is melted and mixture is smooth, stirring every 30 seconds.

Stir in nuts and vanilla.

Pour mixture onto prepared cookie sheet and spread into a 9×6-inch rectangle, or drop mixture by rounded teaspoons onto prepared cookie sheet.

Chill about 30 minutes or until firm.

Cut fudge into 1-1/2-inch squares. Makes 24 yummy pieces