As far as I have understood it is not a single massive chip but rather few dozens/hundreds chips on the same substrate, that have not been diced, with wire bonding in between (i immagine), this not only confines potentially destructive defects to a single ic and not the whole wafer, moreover I suspect that using standard lithography machines there are single die sizes limit, so even if they wanted to the could not do a single wafer device*
also from the anandtech livestream there are some pictures of slides were they talk about pervasive on chip networks, thus they have even finer granularity to disable broken cores
*wafer level devices are routinely used in high power switching elements (think a 6 kV 2kA Thyristor), where a 100 mm wafer is used for a single switching element, the silicon purity required in that case is extremely high, even higher than for cutting edge processes, as a single defect will kill an entire wafer (and with such high blocking voltages the smallest contamination is enough to render the whole device a semiconducting firework waiting to go off)