Add vegetable oil to the instant pot and set to saute. Cook the sliced steak until browned in batches. Avoid overcrowding. Remove steak and place it on a plate or in a bowl. Continue until all of the meat is browned.
Add onions and bell pepper to the instant pot. Saute for 5 minutes and then add the minced garlic and jalapeno. Saute for an additional minute.
Add the meat back to the instant pot with the sauteed vegetables. Add tomatoes, lime juice, sugar, chili powder, beef broth, salt, and pepper.
Place the lid on the instant pot and turn to close. Close pressure release valve. Set the pot for 12 minutes on high pressure. When finished, let the pressure naturally release for 10 minutes and then manually release pressure.
Garnish with cheese, sour cream, cilantro, and tortilla chips.
Notes
The original recipe uses bacon grease for sauteing steak.Recipe developed by Aunt Bee's Recipes
This recipe was calculated using the exact brands and measurements I used to make this recipe. If you are following a strict diet please note changing anything will cause the nutritional info to change. My calculations are intended as a guide only.