I am using single AXI4 master to issue outstanding transaction with two AXI4 slave.
Can a single master issue outstanding transaction with more than one slave?
i.e. can master transfer data to slave0 with IDx followed by slave1 with IDy without waiting for transaction status of previous transfer.?
Yes, this would be legal behaviour.
Your system (specifically your interconnect) may have restrictions as to whether transactions can outstanding to multiple slaves at the same time from the same master, but this would not be prohibited by the AXI specification.
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