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Add a trivet with handles to the Instant Pot and add the chicken broth. Place the chicken, breast side down, on top of it.
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Cover with the lid and lock it, point valve to sealed.
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Press High Pressure and set the timer to 25 minutes. See the notes for cooking times based on chicken weight and if using fresh or frozen chicken.
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After the cooking time is done and the Instant Pot beeps, let the pressure naturally release for 15 minutes, followed by a quick release of the remaining pressure.
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Using a food thermometer, check the internal temperature in the thickest part of the breast, it should be a minimum of 165 degrees F. If needed, pressure cook for 5-10 more minutes.
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Turn on the Oven Broiler.