Place the Instant Pot on the saute mode. Add in the olive oil then the pork chops. Sear pork chops on each side. Then turn off saute mode and add in beef broth.
Now put the lid on the Instant Pot and push high pressure for a cook time of 12 minutes. Make sure the valve is on sealing.
Carefully remove the pork chops and set them aside on a plate. Leave the juice in the pot.
Mix cornstarch and cream together. Then pour into broth/liquid from the pork. Mix well.
After that is mixed, add in mushrooms, garlic, salt, paprika, and onion powder. Push the saute button again. Bring to a boil while stirring. Then cook until the gravy thickens. If your gravy is not becoming thick then add a little more cornstarch.
After you have the gravy to a thickness you like, add the pork chops back in so they are covered in gravy and then plate and serve.