Prep the ingredients. Dice the onion and mince the garlic.
Turn the Instant Pot onto SAUTE mode. Add 2 tablespoon butter to the Instant Pot and let melt.
Add the onion and saute 3-4 minutes, stirring frequently.
Add the garlic and saute for 1 minute.
Add the Arborio rice and saute for 2-3 minutes, stirring frequently.
Add the white wine and deglaze the pan, scraping the bottom to make sure there isn't anything stuck to the bottom of the pot.
Hit the CANCEL button on the Instant Pot.
Add the chicken stock, dried thyme, salt, and pepper to the pot. Stir everything to combine.
Put the lid on the Instant Pot and set on MANUAL mode for 5 minutes. Once the 5 minutes are done, QUICK RELEASE the steam valve and let the steam escape. Remove the lid carefully once all the steam has stopped escaping the valve.
Add 4 tablespoon butter and the grated Parmesan cheese. Stir to combine everything. Season with salt and pepper to taste. Top with chopped parsley and more Parmesan cheese if desired.
Notes
One thing to always remember with the Instant Pot is that it always takes time to come to pressure. So when you set the timer for 5 minutes, it will take an additional 5-10 minutes to come to pressure before it starts counting down.
When you take the lid off the pot, the risotto will look liquidy. However, once you stir it, it will come together nicely.
This risotto is great served on its own, but you can also top with chicken, shrimp, or scallops. It's also delicious served with a salad.