Actually it was originally "champing" – to grind or gnash teeth. The "chomping" (to bite) alternative cropped up more recently as people misheard and misunderstood, but it's generally accepted as an alternative now.

I see

It’s actually accepted as the primary now and telling people about “champing” is just seen as archaic.

Do you have a source on this, or a definition for what it means to be "primary" here? All I can find is sources confirming that "champing" is the original and more technically correct, but that "chomping" is an accepted variant.