Step 1: Analyze the drawing.
The drawing shows several semicircular rings arranged in a sequence. The task is to make cuts along the solid arcs and fold the resulting semicircular rings at 90 degrees along the dotted lines.
Step 2: Count the rings.
After making the cuts and folding along the dotted lines, each of the semicircular rings will be raised at a 90-degree angle. By observing the drawing carefully, we see that there are 5 raised semicircular rings after following the steps.
Step 3: Conclusion.
Therefore, the total number of raised semicircular rings after following the steps is \( \boxed5 \).