Let's analyze the output of each gate.
NAND gate 1: Inputs are A and A.
Output \( X = \overline{A \cdot A} = \overline{A} \). (A NAND gate with inputs tied together acts as a NOT gate).
NAND gate 2: Inputs are B and B.
Output \( Y = \overline{B \cdot B} = \overline{B} \). (Acts as a NOT gate).
NAND gate 3: Inputs are X and Y.
Output \( Z = \overline{X \cdot Y} \).
Substitute X and Y:
\[ Z = \overline{(\overline{A}) \cdot (\overline{B})} \]
Using De Morgan's theorem \( \overline{P \cdot Q} = \overline{P} + \overline{Q} \):
\[ Z = \overline{(\overline{A})} + \overline{(\overline{B})} \]
Since \( \overline{\overline{P}} = P \):
\[ Z = A + B \]
The expression \( A+B \) represents the OR logic operation.
Therefore, the equivalent logic gate is OR.
This matches option (3).