Yeah, that is a mobile chip, not desktop, so it's too underpowered and may not work well. It's recommended you use a desktop machine. If you really must use a laptop, there are Oculus Ready PCs on this page which are confirmed to be compatible. https://www.oculus.com/oculus-ready-pcs/
AMD Ryzen 7 1800X | MSI X370 Titanium | G.Skill 16GB DDR4 3200 | EVGA SuperNOVA 1000 | Corsair Hydro H110i
Gigabyte RX Vega 64 x2 | Samsung 960 Evo M.2 500GB | Seagate FireCuda SSHD 2TB | Phanteks ENTHOO EVOLV