Apple Inc.

(NASDAQ:AAPL) stock climbed nearly 4% on Wednesday after China approved the company's Apple Intelligence service for use in the country, removing a key regulatory hurdle.

The gain also pushed the stock to a fresh 52-week high despite weakness across the broader technology sector.

The Nasdaq was down 0.65% in afternoon trading, while the S&P 500 edged up 0.16%.

The Technology sector fell 1.96%, making Apple's advance stand out.