i5 7500 and b250m bazooka msi

?? Yes, it does.
It's the CPU itself which carries the integrated graphics (if it has any, AMD's non-APUs do not), the motherboard will then be built around the CPU socket itself and will support it if required.
A Ryzen 1500X would be a better fit now however due to the increasing gaming performance through fixes and updates and increased thread count which is becoming increasingly relevant nowadays in games.