That's the only real advantage of "chip"
cards: they can't be trivially copied.
(The switch from signatures to PINs is
mostly a distraction and adds little.)
I wish I could find the news story that alerted me to the fact that every major processor was making this change in the US, but I can't seem to now. Still, it's easy enough to test for yourself.
"Even ancient magstripe credit cards share most of these advantages. Their main weakness is that a physical attacker can clone rather than steal your card, which is much harder to detect. That's the only real advantage of chip cards: they can't be trivially copied."
When you think about it, having to physically possess a card (and being able to disable a card when you realize you've lost it) provides 99% of the security benefit.