If you're chipping any time except spring/early summer, there's no way that any significant number of the beetles will survive the chipping process. Those larvae need a significant length of intact cambium in order to complete their life cycle, and they're not going to get it on the surface of a wood chip.
Gypsy moths have everything they need to mature into adults by the time they are inside their cocoons, so that's a totally different situation.
Of course, if local regs require that all debris be left on site, you have to abide by that, but if it's only a matter of conscience, I would have no problems with running ash borer affected wood through the chipper and taking it off site. The larval stage doesn't have the necessary equipment, nor the instinct, to attempt to reintroduce itself into a new tree; only the adults can do that.