Place noodles and water in the Instant Pot. Mix so the noodles are covered. (I broke my noodles in half)
Close the lid, turn the valve to sealing, and push the “Manual” or “Pressure Cook” button. Set it to cook for 4 minutes.
After the noodles are done cooking, remove them from the pot and set to the side.
Press the “Saute” button on the Instant Pot. After it says “hot” add 1 Tablespoon of olive oil. Season the shrimp with salt, pepper, and paprika. Add shrimp and cook for 1 -2 minutes on each side. You’ll know they are done when they are no longer translucent. The insides will be white and the outsides will be a golden/pink color. Remove the shrimp from the Instant Pot and set aside.
Next, add butter, onion, and garlic and saute until the onion is golden brown. Add chicken broth and scrape the bottom of the pot to deglaze.
Add cream and simmer for 2 minutes. Add parmesan and stir until creamy and smooth. Press the “Cancel/Keep warm” button. Add paprika, salt, and pepper to taste. Stir in the shrimp and pasta.