Add chicken, taco seasoning and chicken broth to a 6-qt Instant Pot® and gently toss to combine.

Stir in corn, black beans, salsa and green chiles. Without stirring, add rice.

Select manual setting; adjust pressure to high, and set time for 10 minutes. When finished cooking, QR. Stir in cheese until melted, about 1 minute.

Serve immediately, garnished with cilantro, guacamole, sour cream, olives, etc., if desired.