It does indeed have a 3d chip, but not *that* 3d. It doesn't do the kind of 3d where stuff jumps out of the screen at all (that doesn't need a chip particularly, it needs a special screen and usually special glasses to make it work).
The 3D chip is the thing that makes the pretty graphics in games - it's 3d because you can view the graphics from any angle, and the camera, characters and so on can move in 3 dimensions rather than just 2 (which would be flat, like a cartoon).