Cream butter and sugar till fluffy.
Add eggs one at a time. Blend well.
Add vanilla and sour cream. Blend till creamy. Add flour, baking powder, baking soda, salt and beer.
Blend well. In a small bowl, combine nuts, chips, sugar and cinnamon.
Pour flour mixture into greased and floured tube pan.
You may alternate flour mixture then nut and chip mixture.
Or you may combine nuts and chip mixture to flour mixture and pour all into pan.
Bake at 35~ 5-6 minutes or till inserted knife comes out clean.
Leave cake in pan about 1 minutes then empty on to rack to cool.
*Dust chips with flour to prevent sticking.