The invention discloses reset equipment for chips. The reset equipment comprises a communication judging module, a reset module, a master control module, an interface module and a display module, wherein the interface module is provided with a probe matrix; the communication judging module stores a communication detection command; and the reset module stores a reset command. The invention relatesto a reset method for chips, and electronic equipment and a readable storage medium for executing the reset method for chips. According to the reset method and equipment, a communication identification manner is adopted to automatically identify the chip data types, margin data of consumable items stored in the chips is updated through the preset reset command, the connection with contact points of different types and series of chips is realized, the automatic reset for the different types and series of chips is realized, the automatic selection of reset models is realized, the error rate is low, the efficiency is high and the compatibility is good.