I would start with just uncoated carbide.... where is it chipping, right at the start of the hole, or after you get to the bottom and stop the spindle? Is the hole blind? i.e. does it have a shoulder at the bottom, what's the material?
CNC spindles can be kind of problematic when stopping, not uncommon for them to stop and then have the belt backpeddle them a smidgen, just enough to bust the corner off the tip. How far out is the bar hanging, and for how deep of a hole? I have to say also, I rarely get really good results with indexable bars, I tend to buy a couple of the 1/2" Micro 100 like these:
Inch Catalog - Brazed Boring Bars - TBB & TBBL