Add the uncooked elbow noodles, broth/water, kosher salt, ground mustard, and garlic powder to the Instant Pot. Stir gently to combine.
1 lb. (16 oz.) elbow macaroni, dried/uncooked, 4 cups chicken broth or water, 1 tsp. kosher salt, plus more to taste, 1 tsp. ground mustard, 1/2 tsp. garlic powder
Place the lid on, being sure to set the valve to seal. Cook on high pressure for 4 minutes.
Perform a quick release. When releasing the steam, the Instant Pot can sputter a bit due to the pasta's starchy content so be sure to use a kitchen towel or oven mitt for safety when performing this step.
Remove the lid. Add the evaporated milk, butter, and hot sauce. Stir to combine.
12 oz. can evaporated milk, 1/2 cup butter, unsalted, 1 tsp. of your favorite hot sauce
In a bowl, toss the cheese with the cornstarch & then begin to add the cheese a little at a time, stirring in between additions. Don't add in all the cheese at once.
8 oz. mild or medium cheddar cheese, shredded, 8 oz. American cheese, shredded, 1 Tbsp. cornstarch
Allow to rest a few minutes to thicken up.
Taste and adjust seasonings. Serve immediately and enjoy!