Problems with atom helper (consuming too much CPU) in M1 MacPro

I have look through similar topic here but everywhere the solution is by deleting .git folder in user (~) folder but I don’t have any git folder there. When atom helper starts to consume this much CPU after some time atom just stops working out of sudden and I have to force quit atom since it won’t respond.

I am using:
MacBook Pro M1
atom: 1.54.0

Please someone help with this problem.