In a large mixing bowl, whisk together the eggs and milk. Stir in the roasted peppers, cheese, and a few pinches of salt and pepper.
Heat a large skillet over medium-high heat and add the olive oil. Stir the tortilla chips into the eggs and pour it all into the pan. (Alternatively, you could brown strips of corn tortilla in the oil for a few minutes until crispy, then add the eggs).
Scramble the eggs, stirring occasionally, until cooked through to desired consistency.