Add salsa, tomato sauce, chicken, salt, pepper, and lime juice to Instant Pot.

Cover and lock lid in place. Select HIGH PRESSURE and 5–6 minutes minutes cook time.

When timer beeps, turn off and use a quick pressure release. Check and make sure the chicken is cooked to 165° F.

Remove chicken to serving dish.

Select SAUTE and cook sauce, stirring frequently until sauce is desired consistency. Spoon sauce over chicken and serve.