16 oz. Velveeta cheese
16 oz. Cheddar cheese
7 oz. can mild diced green chilies
14 1/2 oz. can stewed tomatoes

Grate Cheddar cheese and slice velveeta cheese. Drain most of the juice from tomatoes.

In an oblong baking dish, layer Velveeta, Cheddar, chilies, and tomatoes. Continue, ending with Cheddar on top.

Bake at 350°F or microwave until melted through. Serve with tortilla chips.