Instant Pot Crispy Chicken Carnitas

Combine cumin, chili powder, oregano, salt, and black pepper in a bowl; sprinkle over both sides chicken breasts.

Turn on a multi-functional pressure cooker (such as Instant Pot) and select Sauté function. Add 1 tablespoon olive oil; sear chicken breasts in batches, 1 to 2 minutes per side. Transfer chicken to a plate.

Add onion and garlic to the Pot; cook and stir until translucent and golden, about 2 minutes. Return chicken to the Pot; add cilantro, lime juice, chicken broth, orange zest and juice, 1 chipotle pepper with 1 tablespoon adobo sauce, and bay leaf. Close and lock the lid. Select high pressure according to the manufacturer's instructions; set the timer for 8 to 10 minutes, depending on size of chicken breasts. Allow 10 to 15 minutes for pressure to build.