The LMC is a satellite galaxy of the Milky Way, meaning it is gravitationally bound to our galaxy. However, it is located at a significant distance and has a relatively high orbital velocity around the Milky Way. This means that the LMC is not in imminent danger of colliding or merging with the Milky Way.
As for what comes next, the LMC is expected to continue orbiting the Milky Way over billions of years. During this time, tidal interactions between the two galaxies may gradually strip gas and stars from the LMC, shaping its appearance and affecting star formation within it. The ultimate fate of the LMC is still a matter of ongoing research, but it is not considered to be an immediate concern or a major threat to the Milky Way.