Cook pasta as directed on package. Drain well.
Meanwhile, melt butter in large skillet on medium heat. Add shrimp and garlic; cook and stir 3 minutes or until shrimp turn pink. Remove shrimp from skillet. Pour cream into skillet. Add basil; bring to boil, stirring gently. Reduce heat to low; simmer 3 to 5 minutes or until thickened, stirring frequently. Add shrimp, cheese and pepper. Cook and stir 1 minute or until heated through.
Place pasta in warmed serving bowl. Add shrimp mixture; toss lightly. Serve with additional cheese, if desired.