The logic performed by the circuit shown in the figure is equivalent to:
The circuit performs the following logical operations:
Using De Morgan's law, we simplify:
\[ Y = a \cdot b. \]Thus, the circuit implements the logic of an AND gate.
Truth Table:
\[ \begin{array}{|c|c|c|} \hline A & B & Y = A \cdot B \\ \hline 0 & 0 & 0 \\ 0 & 1 & 0 \\ 1 & 0 & 0 \\ 1 & 1 & 1 \\ \hline \end{array} \]The output matches the truth table of an AND gate.
Final Answer:
\[ \boxed{\text{AND Gate}} \]