Preheat the oven to 450 degrees F.
Peel and devein the shrimp. I like to use large shrimp for this recipe.
In a mini food processor add the potato chips and pulse until the chips are fine crumbs. Place the chips in a shallow bowl.
Add flour to another shallow bowl.
Beat the egg and water in another shallow bowl.
Take a cooling rack and place it on top of a baking pan. Spray the cooling rack with non-stick cooking spray.
Take the shrimp one at a time and dredge them in the flour, shake off the excess
Dip each of the shrimp into the egg wash.
Coat each shrimp with the crushed potato chips. Press the chips onto the shrimp.
Place the shrimp on the prepared cooling rack. Be sure not to overcrowd the cooling rack.
Place in the oven and bake for about 8 minutes. Until the shrimp are pink and the chips are slightly browned.
Remove from oven and serve immediately.