Make the chocolate mousse first, so it has time to chill. Or better yet, make this mousse in advance! It can be made 1-2 days ahead of time.
Melt 3/4 cup of chocolate chips by placing them in a medium-sized, heat-proof bowl. Heat in 20-30 second increments in the microwave, stirring after each increment until the chocolate is completely melted and smooth. If you don't have a microwave, you can also use a double boiler.
In a small bowl, whisk together 1/2 cup of warm water and 1/3 cup of cocoa powder. Pour into the melted chocolate and whisk together until smooth. The mixture should be somewhat thick. Set aside.
In a large bowl or the bowl of a stand mixer fitted with a whisk attachment, add 1 1/2 cups of cold heavy cream, 1 cup of powdered sugar, 2 tsp of vanilla extract, and a pinch of fine salt.
Mix on medium-high speed until the whipped cream starts to gather in the whisk attachment and you can see texture around the edges of the bowl. The whipped cream should be thick and able to keep its shape. This usually takes about 2 1/2 to 3 minutes in my stand mixer.
Gently fold the chocolate mixture into the whipped cream using a rubber spatula. Use the spatula to swoop around the sides of the bowl and pull through the center like I show in the video of this recipe. Be careful not to over-mix the mousse, or it will become deflated and lose its structure.
Then cover the mousse with plastic wrap and chill in the refrigerator for at least 2 hours.