Not the person you asked but in my limited experience, tech is actually valued in the US. Sure, there is also a culture of MBAs and business types taking decisions, but they at least understand that tech is essential (regardless of the reason).

In Europe, tech is seen as "just IT" especially in non tech corporations. It's much less important than in the US.

It's a pretty minor thing but personally I think just the fact that I rarely see the distinction between "software engineering/development" and "IT" in Europe is pretty telling.

The salaries are also another indicator.