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In a medium saucepan bring milk, cream, star anise powder, and vanilla extract almost to a boil.
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Set aside and let steep for 30 minutes.
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Whisk egg yolks with white granulated sugar.
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Reheat the creamy mixture.
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Slowly pour a small portion into the egg/sugar mixture whisking quickly to temper the eggs.
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Scrape the tempered mixture back into the pan.
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Reheat stirring occasionally until the mixture thickens a bit, coating the back of a wooden spoon.
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Remove from heat and strain into a ceramic or metal bowl.
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Cover with plastic wrap, making sure the wrap touches the top of the mixture.
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Refrigerate for at least 3 hours or overnight.
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Transfer the mixture to an ice cream maker and follow the manufacturer's directions.
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When ice cream reaches a soft serve consistency, stir in the chocolate chips.
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Transfer the ice cream to a container and place it in the freezer until it hardens.
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Garnish with whole star anise and serve.