Two atmospheric feedbacks play an important role in the dynamics of the El Niño/Southern Oscillation (ENSO), namely the amplifying zonal wind feedback and the damping heat flux feedback. Here we investigate how and why both feedbacks change under global warming in climate models participating in the 5th and 6th phase of the Coupled Model Intercomparison Project (CMIP5 and CMIP6) under the business-as-usual scenario (RCP8.5 and SSP5-8.5, respectively). The amplifying zonal wind feedback over the western equatorial Pacific (WEP) becomes stronger in most models, on average by 8±8 %. The heat flux damping feedback over the eastern and central equatorial Pacific (EEP and CEP, respectively) increases as well, on average by 18±11 %. The simultaneous strengthening of the two feedbacks can be explained by the stronger warming in the EEP relative to the WEP and the off-equatorial regions, which shifts the rising branch of the Pacific Walker Circulation to the east and increases the mean convection over the CEP. This in turn leads to a stronger vertical wind response during ENSO events over the CEP that strengthens both atmospheric feedbacks.We separate the climate models into sub-ensembles with STRONG and WEAK ENSO atmospheric feedbacks, as 2/3 of the models underestimate both feedbacks under present-day conditions by more than 40%, causing an error compensation in the ENSO dynamics. Both sub-ensembles show similar mean state and ENSO atmospheric feedback changes, but the ENSO atmospheric feedbacks remain weaker in WEAK under global warming. Due to the more realistic dynamics, we postulate that one should have more confidence in the ENSO predictions with models belonging to the STRONG sub-ensemble. Finally, we analyze the relation between ENSO amplitude change and ENSO atmospheric feedback change. We find that models simulating an eastward shift of the zonal wind feedback and increasing precipitation over the EEP during Eastern Pacific El Niño events tend to predict a larger ENSO amplitude in response to global warming.