Set Instant Pot to SAUTE and add 1 tablespoon of oil. Cut the chicken breasts into bite-sized cubes and add to the Instant Pot and brown all sides of the meat.
Press Cancel on the Instant Pot. Add in the black beans, super sweet corn, red onions, and diced red pepper.
Sprinkle the taco seasoning mix into the pot.
Add in the green chilies and the cup of salsa.
Add in the rice and top with the chicken broth. Do not stir.
Close the lid and set the Instant Pot to 7 minutes.
Allow the Instant Pot to NATURALLY RELEASE for 5 minutes before QUICK RELEASING any pressure.