Preheat oven to 350°F and line a baking sheet with parchment paper.
Spread the strawberry cake mix evenly on the prepared baking sheet and bake for 5 minutes to heat treat the mix.
Remove from oven and cool completely on a wire rack.
Place softened cream cheese in a mixing bowl and beat with a hand mixer until smooth and creamy.
Fold in the cooled cake mix with a spatula initially, then mix with a hand mixer on medium-high speed to form a dough.
Fold in the chopped cream cheese chips until evenly distributed.
Cover the dough and refrigerate for 2 hours until chilled.
Line two baking sheets with parchment paper. Scoop dough with a 1 ½ tablespoon scoop, roll into smooth balls, and place on sheets.
Allow balls to sit for about 15 minutes to expand and prevent coating cracks.
Melt the vanilla melting wafers in a double boiler or microwave until smooth.
Dip each dough ball fully into the melted wafers, tap off excess, and place back on the parchment-lined baking sheet.
Sprinkle sprinkles on half of the coated balls while coating is still wet.
Melt the two pink candy melts separately in microwave-safe piping bags until smooth.
Cut tips of piping bags and drizzle pink melts over the undecorated half of coated balls.
Allow all truffles to set completely before serving.