1. Preheat oven to 350°F
2. Melt 1 cup chocolate chips and butter together either in microwave oven or on top of range over low heat. Stir until chocolate is completely melted. Pour into electric mixer bowl.
3. Add sugar; beat until well blended. Beat in eggs, one at time. Add vanilla. Stir in 1/2 cup flour, baking soda and salt; mix well. Add remaining flour and water; mix until smooth.
4. Pour into prepared pan.
5. Bake 20-25 minutes or until toothpick inserted comes out clean.
6. Sprinkle remaining 1 cup chocolate chips over cupcakes; let stand 2-3 minutes or until chips have softened.
7. Gently spread melted chocolate over top of cupcakes.
8. Cool 10 minutes in pan on rack; remove and cool completely before decorating.