The Texas Instruments SN74LS348N is a priority encoder from the 74LS family, configured as 1 circuit of 8 inputs to 3 outputs. It encodes the highest-priority active input into a 3-bit binary output.
No last-time-buy, no phase-out notice. For a BOM line or a repair board, this part is still in regular production and available through the usual channels. ROHS3 compliant, so it passes modern environmental requirements without an exemption.
