In tall microwave-safe mug, place chocolate chips and oil. Microwave in 20-second increments, stirring each time, until chocolate chips are melted and incorporated into the oil.
Add sugar, flour, cocoa powder, and salt to the chocolate chip mixture in the mug and mix well. Add milk to the mixture and mix well. Add egg to the mixture and mix well.
Microwave mixture in mug for 3 minutes in a 1000-watt microwave. (This will likely take about 4 minutes in a 700-watt microwave – I have only tested the recipe in a 1000-watt microwave, so you will likely have to try it out and see if 4 minutes works for you if you are using a 700-watt microwave.)
Take the mug out of the microwave. (Don’t burn yourself!) Rejoice at your beautiful cake!