In a large pot over medium heat, combine the cream cheese and chicken broth. Stir frequently until the cream cheese is fully melted and the mixture is smooth.
Add the shredded cheddar cheese, chopped jalapeños, and turkey bacon. Stir well and continue cooking until the soup is heated through and creamy.
Season with salt and pepper to taste. Serve hot.
Notes
For a thicker soup, reduce the broth slightly. For a thinner consistency, add more broth or a splash of milk.