Chocolate fudge is without doubt the perennial favorite of all the fudge flavors. The chocolate fudge recipe uses sweetened or unsweetened chocolate chips, along with sugar, butter, cream, milk and flavoring agents. There is also white chocolate fudge, which uses chopped white chocolate slices. Some even replaced chocolates with sweetened or unsweetened cocoa powder for its potential health benefits. Peanut butter, fruit flavored creams and nuts can also be stirred in to enhance the taste. A popular dessert for parties and other occasions, chocolate fudge is also welcomed as interesting snack pick.