Preheat your oven to 325°F (160°C). Line a baking sheet with parchment paper or a silicone baking mat.

In a microwave-safe bowl, combine the peanut butter, honey, butter, brown sugar, and cinnamon. Heat in 30-second intervals, stirring after each, until the mixture is smooth and well combined.

Stir the vanilla extract into the warm peanut butter mixture.

In a large mixing bowl, add the rolled oats and chopped roasted peanuts. Pour the peanut butter mixture over the oats and peanuts, stirring until everything is evenly coated.

Spread the granola mixture onto the prepared baking sheet in an even layer.

Bake for 30 minutes, stirring halfway through to ensure even toasting.

Remove the granola from the oven and let it cool completely on the baking sheet.

Once the granola is fully cooled, stir in the semi-sweet chocolate chips. Transfer to an airtight container for storage. Enjoy!