Amazon droughts have impacted regional ecosystem functioning as well as global carbon cycling. The severe dry‐season droughts in 2005 and 2010, driven by Atlantic sea surface temperature (SST) anomaly, have been widely investigated in terms of drought severity and impacts on ecosystems. Although the influence of Pacific SST anomaly on wet‐season precipitation has been well recognized, it remains uncertain to what extent the droughts driven by Pacific SST anomaly could affect forest greenness and photosynthesis in the Amazon. Here, we examined the monthly and annual dynamics of forest greenness and photosynthetic capacity when Amazon ecosystems experienced an extreme drought in 2015/2016 driven by a strong El Niño event. We found that the drought during August 2015–July 2016 was one of the two most severe meteorological droughts since 1901. Due to the enhanced solar radiation during this drought, overall forest greenness showed a small increase, and 21.6% of forests even greened up (greenness index anomaly ≥1 standard deviation). In contrast, solar‐induced chlorophyll fluorescence (SIF), an indicator of vegetation photosynthetic capacity, showed a significant decrease. Responses of forest greenness and photosynthesis decoupled during this drought, indicating that forest photosynthesis could still be suppressed regardless of the variation in canopy greenness. If future El Niño frequency increases as projected by earth system models, droughts would result in persistent reduction in Amazon forest productivity, substantial changes in tree composition, and considerable carbon emissions from Amazon.