Is my OnBoard graphics chip really capable of rendering VR or is it a flaw in the steam checking tool?

My mainboard is a Asus Z87-A Mainboard. It just left warranty after detecting it can't supply enough power while powering up, so it just turns off in booting process as soon a graphicscard is pluged.

So actually I'm just playing with the integrated chip.

I consider to buy a Vive VR. But when I was seeing it is requiring GPU's along the series 970 I just throw off the idea of beeing able to use it without replacing the broken mainboard. But when I entered the automated hardware compatibility check, it actually detected and named the internal chip of my board correctly (haven't to hand right now).

And it displayed it to be fully capable for vive VR at highest performance with the mark at the most rightest of the green bar.

Is this just a bug in their automated test? or is the chip of my mainboard really that strong and I'll be able to use it?

(If it matters, I'm using an intel i7 CPU)