1. Yes.
2. Just toss on your strongest chip. Ideally a Weaponoid, but if you don't have one, a good Character chip will do. During EQ periods, Chips that give EQ bonuses get a lot of love in particular.
3. Since Chip acquisition is RNG-based, it's hard to define good Chips to gun for when getting the one you want comes down to luck. Broadly put, try for Weaponoids and Character Chips. Hunt down a good PA/Technic as well; you can ask the PSO2es thread for Arts/Techs of interest. Also get a Booster for the weapon you're going to be maining. Boosters rotate out every few updates, so keep an eye on those.
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