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After all, Cerebras made a functional wafer sized chip.https://cerebras.net/
Yes, but the Cerebras wafer-chip is a repeating pattern of logic, memory, and interconnect tiles. Each pattern is well under the reticle limit of the process node they're using.
And how many Cerebras wafers have shipped? I would imagine that they can afford to spend more engineering effort in the late manufacturing phase, fusing off bad bits, maybe salvaging some other bits... but enabling such late-stage functional-unit binning requires a larger mesh topography.
Apple is using a design that's at the limit of economic feasibility at the mass-market sales volume they can support. They can amortize the engineering expense down among the single most popular retail item on the planet.
Cerebras is an engineering marvel, but I wouldn't call it a mass-market item.
The Mac Studio more closely resembles high-end IBM POWER mainframe modules.
Stunning that you can just go out and buy one. And you don't need a data center to feed it.
https://www.anandtech.com/show/16626/cerebras-unveils-wafer-...
https://cerebras.net/