Start by boiling a large pot of water. Add the ramen noodles and cook according to the package instructions until al dente. Drain and set aside.
In a large skillet or wok, heat the vegetable oil over medium-high heat. Add the sliced chicken breasts and cook until they are browned and cooked through, about 5-7 minutes. Remove from the skillet and set aside.
In the same skillet, add the minced garlic and grated ginger, sauté for about 30 seconds until fragrant.
Pour in the chicken broth and bring to a simmer. Stir in the peanut butter, soy sauce, sriracha, and honey until the peanut butter is fully incorporated.
Add the snap peas and red bell pepper to the skillet, allowing them to cook in the broth for about 3-4 minutes, or until they are tender-crisp.
Return the cooked chicken to the skillet and add the drained ramen noodles. Toss everything together in the sauce until heated through and well combined.
Taste and adjust the seasoning, adding more sriracha for heat if desired.
Serve hot, garnished with chopped green onions, crushed peanuts, and fresh cilantro.