Let $B(x) = \begin{pmatrix} 1 & x \\x & 1 \end{pmatrix}$, and $2=p_1<p_2<\cdots <p_n <\cdots$ primes number.
Compute $$\displaystyle \lim_{n\to \infty}\prod_{i=1}^n B(p_i^{-2})$$
I am sorry to post this but it's the first time I see an exercice about the convergence of infinite product of matrices. I do not know how can I deal.
Can someone enlighten me ?
The other approach is to see, as you noted, that there is a single $P$ such that for all $x$:
$$P^{-1}B(x)P = \begin{pmatrix}1-x&0\\0&1+x\end{pmatrix}$$
Then $$\prod_{i=1}^n B(p_i^{-2}) = P\begin{pmatrix}\prod_1^n (1-p_i^{-2})&0\\0&\prod_1^n (1+p_i^{-2})\end{pmatrix}P^{-1}$$
So, since $\prod_1^\infty (1-p_i^{-2}) = 1/\zeta(2)=\frac{6}{\pi^2}$ and $\prod_1^\infty (1+p_i^{-2}) = \zeta(2)/\zeta(4)=\frac{15}{\pi^2}$, so this gives:
$$P\begin{pmatrix}\frac{6}{\pi^2}&0\\0&\frac{15}{\pi^2}\end{pmatrix}P^{-1}$$
Now, $P=\begin{pmatrix}1&1\\-1&1\end{pmatrix}$ and $P^{-1}=\frac{1}{2}\begin{pmatrix}1&-1\\1&1\end{pmatrix}$. So we get:$$\frac{3}{2\pi^2}\begin{pmatrix}7&3\\3&7\end{pmatrix}$$
Which is the same result as above.