In a large bowl, mix cake mix, eggs, and 2 cups milk. Whisk until fully combined and smooth.
In a medium bowl, combine cream cheese, powdered sugar and remaining milk. Using a hand mixer, mix until smooth. Add more powdered sugar for a thicker glaze if desired.
Spray waffle iron with nonstick cooking spray. Pour batter into waffle iron and cook until done, about 6 minutes.
Plate waffles and drizzle over cream cheese glaze. Sprinkle with mini chocolate chips and serve.
Recipe by 5* trending recipes with videos at https://food.theffeed.com/2019/08/08/red-velvet-waffles/