Opening a CSV with 100k rows takes about 10s for me and is pretty workable with an i7 and 16GB RAM. Selecting and editing text is almost instant.
And why should you need that kind of machine to do text-editing?
If a text editor can't open a big file unless you are on a beast of a machine, it isn't a very good text editor.
When you regularly work on such files, Atom is the wrong tool for the job. For regular programming however, I'd argue it's far better than Sublime Text by now.