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Step 1
Turn the Instant Pot to saute and add in the olive oil, chicken, and Ranch.
Step 2
Toss to coat chicken thoroughly and allow to cook for about 4 minutes, or until chicken is just about cooked through.
Step 3
Add in the chicken broth, water, and Pasta.
Step 4
Turn saute function off and place lid securely on top. Ensure valve is to sealing position.
Step 5
Cook manual, high pressure, for 4 minutes.
Step 6
Once 4 minutes is up, do a quick release.
Step 7
Stir in the cream cheese, cheddar cheese, and bacon.
Step 8
Allow to sit for about 2 minutes, or until cheese has melted.
Step 9
Serve and enjoy!