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1117T33 is a three terminal linear voltage regulator IC with a fixed output voltage of 3.3V which is useful in a wide range of applications.
A voltage regulator generates a fixed output voltage of a preset magnitude that remains constant regardless of changes to its input voltage or load conditions.
Specifications
What's in the box?
1 x 3.3 V TO-220 voltage regulator
You might also need a heatsink for your regulator
Resources
Understanding How a Voltage Regulator Works